eHow launches Android app: Get the best of eHow on the go.

How To

How to Calculate Your Biweekly Salary

Contributor
By eHow Contributing Writer
(0 Ratings)

A biweekly salary is an amount of money a worker receives every 2 weeks in his paycheck. Many employers pay workers every 2 weeks, because it's a convenient way for them to do business. It's important for you to determine how much your salary is every 2 weeks, so you can budget your money and pay your bills accordingly. Calculating your biweekly salary is a matter of basic math.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Calculator
  1. Step 1

    Ask your human resources department what your annual salary is. This figure is also typically printed on any contractual agreements you signed and received when you started employment. Ask your human resources department approximately how much money is deducted in taxes, benefits, child support and retirement accounts every 2 weeks from your paycheck.

  2. Step 2

    Punch the figure of your annual salary into a calculator.

  3. Step 3

    Hit the divide key on your keypad and type the numbers 26. This represents the number of paychecks you receive in a calendar year, as there are 52 weeks in a year and you are receiving your checks on alternating weeks.

  4. Step 4

    Press the equals sign. The amount that comes up is your bi-weekly salary before taxes, benefits, child support and retirement account payments are deducted.

  5. Step 5

    Subtract the amount of money that you discovered is deducted in payments and taxes each month from the total in Step 4. This is your approximate take-home pay and is about how much your check totals every 2 weeks.

Subscribe

Post a Comment

Post a Comment

Related Ads

  • Have you done this? Click here to let us know.
I Did This
Get Free Personal Finance Newsletters

Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy .   en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License. † requires javascript

eHow Personal Finance
eHow_eHow Business and Finance