Usually means every two weeks. For example, if an employee is paid every other Thursday, the employee is paid biweekly. The person paid biweekly will receive 26 paychecks per year. (People paid two times per month – on the 15th and on the last day of the month – are said to be paid semimonthly and will receive 24 paychecks per year.)
Featured Review
"AccountingCoach has been a wonderful resource for me over the years. I have a degree in Accounting, but I've found that sometimes I need a refresher. After taking leave for several months, I felt my skills were a bit rusty, so I used AccountingCoach PRO to help me prepare for job interviews when I was ready to return to the workforce. AccountingCoach's explanations are concise, yet thorough enough to be used as a resource for both beginners and experienced accountants. I've been using it for years and highly recommend the PRO packages." - Camelia C.
Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials
Read all 2,645 reviewsWe now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping: