Not sure about the differences between bi-weekly payroll and semi-monthly? Your decision impacts more that just when employees get paid.

1. ©2015SurePayroll,Inc
TheDifferencesBetween
Bi-Weekly&Semi-MonthlyPayroll.
It’sLikeComparingApples&Oranges.

2. Terminology
•Bi-Weekly
•Semi-Monthly
Considerations
•Bi-Weekly
•Semi-Monthly
CalculateCalculateYourPayroll
Agenda

3. •OccursTwiceaMonth
•24TimesperYear
•86.67HoursEach
PayPeriod
•OccursEvery2Weeks
•Typically26TimesPerYear
•Generally80HoursEach
PayPeriod
Semi-MonthlyBi-Weekly
Terminology:Bi-WeeklyPayroll
vsSemi-Monthly

4. Pluses
•PredictableforEmployees
•UsuallyEasiertoRun
Minuses
•Doesn’tCoincidewithCalendarMonths
•SomeMonthsRequire3PayrollRuns
-CanCauseChallengeswithMonthlyBudgets
Bi-WeeklyPayrollConsiderations

5. Pluses
•LessPayrollProcessing
(24vs26)
•NoExtraPayrollRunsin
LeapYears
Minuses
••EmployeesMayLiketoBe
PaidMoreOften
Semi-MonthlyPayrollConsiderations

6. Easy.Online.SurePayroll.
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