1. What is Semi-Monthly Salary?

Semi-monthly salary refers to payment made twice per month, typically on specific dates (e.g., 15th and last day of month). For Ontario government employees, this is a common pay frequency.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Annual Salary — Total yearly compensation before deductions
• 24 — Number of pay periods in a year (twice per month × 12 months)

Explanation: This calculation divides the annual salary evenly across all pay periods.

3. Importance of Salary Calculation

Details: Understanding your semi-monthly pay helps with budgeting, financial planning, and verifying payroll accuracy for Ontario government employees.

4. Using the Calculator

Tips: Enter your annual salary in Canadian dollars. The calculator will show your gross pay per semi-monthly period.

5. Frequently Asked Questions (FAQ)

Q1: Is this the same as bi-weekly pay?
A: No, bi-weekly means 26 pay periods per year (every 2 weeks), while semi-monthly is 24 pay periods (twice per month).

Q2: Does this include deductions?
A: No, this shows gross pay only. Net pay would be lower after taxes, benefits, and other deductions.

Q3: Are Ontario government salaries paid semi-monthly?
A: Most Ontario government employees are paid semi-monthly, but some positions may have different pay frequencies.

Q4: What if my salary changes mid-year?
A: The calculation assumes a constant annual salary. For mid-year changes, pro-rated calculations would be needed.

Q5: Does this work for part-time employees?
A: Yes, as long as you enter your annualized salary amount.