All employees transitioned to a biweekly pay frequency on January 1, 2023.
The following diagram shows how employees paid monthly or semimonthly in 2022 transitioned to the biweekly pay frequency in January 2023.
Please note that there was a special one-week January 1st - 7th pay period for all employees, with pay date January 13, in order to facilitate the change to the biweekly pay frequency. This special one-week pay period is a one-time occurrence only. Employees are paid every other Friday after the first January 13th pay date.
The following chart shows pay periods and pay dates for Bob, a semimonthly employee, and for Sarah, a monthly employee. This chart may help you plan for the new frequency of pay dates as we transition to the biweekly pay cycle in January.
The following printable worksheet (click it to open a PDF version) shows the pay period check amount and running total tally for monthly, semimonthly and biweekly pay frequencies for an employee with an annual salary of $50,000, using year 2023 as an example. No matter which pay frequency is used, the final tally at the end of the calendar year is $50,000.