Biweekly Wage Formula:
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Biweekly wage refers to the amount of money an employee earns every two weeks based on their hourly rate and typical weekly hours. This is a common pay schedule in many industries.
The calculator uses the biweekly wage formula:
Where:
Explanation: The calculation multiplies your hourly rate by your weekly hours, then multiplies by 2 to get the two-week total.
Details: Understanding your biweekly wage helps with budgeting, financial planning, and comparing job offers. It provides a clearer picture of your regular income before taxes and deductions.
Tips: Enter your hourly wage in dollars (e.g., 15.50) and your typical weekly hours. The calculator assumes you work the same hours each week.
Q1: Does this include overtime pay?
A: No, this calculates regular pay only. Overtime would need to be calculated separately and added.
Q2: Is this before or after taxes?
A: This shows gross (before tax) biweekly earnings. Actual take-home pay will be less after deductions.
Q3: What if my hours vary each week?
A: Use your average weekly hours for an estimate, or calculate each week separately and add them.
Q4: How does this differ from semi-monthly pay?
A: Biweekly is every 2 weeks (26 pay periods/year), while semi-monthly is twice a month (24 pay periods/year).
Q5: Can I use this for salary calculations?
A: For salaried employees, divide annual salary by 26 for biweekly pay, as hours may not apply.