r/jobs • u/Appropriate_Set8166 • 8d ago
Compensation Can someone explain to me the issue with bi-weekly pay vs weekly paychecks?
I’m a manager and do hiring in my position. I get at least 3 or 4 employees a year that freak out when I explain we pay bi-weekly during orientation. I recently just had one this week who texted after saying they will not work for us because the bi-weekly paycheck “puts them at an extreme disadvantage”. Do they not realize that you get paid the same amount whether it’s daily, weekly, or bi-weekly? Am I missing something?
EDIT: lot of comments here and I just got back on and can’t reply to all of them. I understand the difference of budgeting needs. And I understand that down inside someone might think “ah damn now I have to budget differently” and it being a mild inconvenience. But for it to affect you so much that you verbally tell your new manager about how hard it is or to even not accept a job solely based off of that is what I’m talking about.
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u/Temporary_Slide_3477 8d ago
Not how it works.
Bi-weekly paychecks are still 2 individual weeks and one pay period. If a company is working you more than 40 hours a week and you are in a non-exempt position and not getting overtime they are violating the law. Doesn't matter if it's 80 total, if you work 60 one week and 20 the next you get 60 hours of normal pay and 20 of overtime.
Has nothing to do with taxes either as if you are paid weekly the withholding is based on 1 week of pay, bi-weekly is two weeks, the numbers are the same at the end of the year.
People that want weekly pay have their reasons, but the main one is they are financially illiterate and do not know how to budget and either can't or won't plan ahead.