What is Biweekly Pay?

Biweekly pay is a method of payment where an employee receives their wages on a two-week basis.

Each pay period spans a period of 14 days and always begins and ends on the same days of the week. This means that there will be approximately 26 pay periods in a year, plus or minus a fraction of a pay period, as years do not begin and end on the same dates. 

All hours an employee works are tracked within the 14-day span of the pay period and paid out the following week. Overtime is also tracked on a weekly basis that generally syncs with the pay period’s start date.