this post was submitted on 14 Dec 2023
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No Stupid Questions
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The banks use “biweekly” and “semiweekly” to avoid this exact kind of ambiguity. Biweekly would be twice a week, while semiweekly would be every other week.
It comes up in banking a lot because of payroll. If you get paid every other week, you get paid semiweekly. But if you get paid on the 1st and 15th of every month, you get paid bimonthly.
I've never heard of the concept of being paid twice a week, unless if you get paid daily but only worked twice that week. Is that really a thing in payroll, because I've only heard of biweekly pay to mean once every two weeks.
Semiweekly isn't a term I've ever heard, but I've never worked at a bank.