My former employer would just keep our paychecks the same for all 27 pay periods, which was a nice bonus that few people appreciated. My latest company has been sending out messages warning us that our paycheck amounts will go down because our salary is being split between 27 instead of 26 paychecks. How is your employer handling this?
27 pay periods
- Thread starter dmclone
- Start date
When HR stops by to tell you that you will not be receiving a check for the bonus pay period this year, but everyone will be receiving a free poinsetta to take home if they stop by the front desk on 12/24 at the end of business:
My employer canceled the yearly Christmas bonus and enrolled us in for The Jelly of The Month Club
Salaried employees receive their normal pay. All employees will not have any elective deductions (medical, hsa, etc) on the 27th paycheck as they were calculated at 26 payrolls
So people will actually see an increase in their take home pay
So people will actually see an increase in their take home pay
24 pay periods (1st and 15th) seems like a much simpler process for salaried employees.
I get paid once a month (5th). You learn real quick to make ends meet when your next check comes 30 days later.
That’s the gift the gives the whole year
The only thing better than this is getting paid weekly. I had a salaried white collar job where we were paid weekly.
Yeah, I had a lot of those jobs where I got paid weakly...
I can’t afford to pay attention to that joke.
Try going back to once a month after switching job when it was on the 1st and 15th before. Talk about a learning curve.
We had this discussion a few months ago and I asked my wife about it, she did the payroll for the City of Bloomfield for years and said that if you get paid on specific dates like the 1st and 15th of every month you set up the computer to figure it that way, and have 24 checks printed or electronically filed. Any overtime is added in as it turned in to the office. But if they are to be paid every two weeks on Friday, than you end up with an extra pay period or two some years depending on the calendar.
Probably not your fault - it was a weak attempt...
Happened to us a couple years ago. Paychecks decreased to match the annual salary over 27 checks instead of 26.
