- Biweekly pay periods are the most common among private employers
- Employees on a biweekly pay schedule will receive 26 paychecks
- HR software can help streamline payroll for employers
You don’t need us to tell you that a business can’t run without payroll. Employees contribute their valuable time in exchange for wages to be paid consistently. And, payroll management requires a lot of attention to detail. There are state and federal taxes to consider, vacation time, holidays, direct deposits, overtime calculations, payroll records and more. Many businesses use HR software to streamline the payroll process and prevent errors but of the professionals who do not, manual payroll processing can take anywhere from 3-10 hours to complete each period.
That’s why we’re providing a biweekly payroll calendar to help you keep track of pay periods and paydays. It may seem simple, but tools and resources like this 2022 Payroll Calendar Template can make a world of difference for HR teams of one or many.
Biweekly Pay Periods
Every business has its own rationale for paying employees when they do. Although pay periods are mandated in some states, other employers can choose a frequency that is best for their cash flow or specific-business needs. Common pay periods include weekly, bi-weekly, semi-monthly, and monthly. Biweekly pay periods are the most common with 36.5% of private U.S. businesses paying employees this way.
In this year, 2022, those who are paid biweekly will receive 26 paychecks. If the first January paycheck was run on January 7, then there will be three paychecks distributed in April and September. If the first January paycheck was run on January 14, there will be an extra paycheck distributed in July and December.
Fun Fact: According to Merriam Webster, the words biweekly and bimonthly can mean the same thing. Biweekly means twice monthly, because bi- means occurring every two, or occurring twice within. Which is how bimonthly means twice in a month, or every other month.
Why is it important to keep accurate payroll information?
Keeping accurate payroll records is required by federal law. And, if your payroll is not in compliance, it can cost your business hefty fees in fines and litigation. Not only do you need to consider state and federal tax, but Family and Medical Leave Act (FMLA) policies; and the Fair Labor Standards Act FSLA as well.
How Paycor Helps
Paycor’s payroll software is an easy-to-use yet powerful tool that gives your team time back. When you are able to automate your processes and get help with complicated areas like payroll tax compliance and workers’ comp, you can spend more time on strategic decision-making. Contact us today to learn more about how our expert payroll and tax solution can help you pay your employees on time and avoid compliance missteps.
How to use this Payroll Calendar Template?
This calendar provides the start and end dates of pay periods as well as paydays. Use this calendar to help keep you on track or share it with employees so that they know when they will get paid.
|Pay Period||Due Date||Pay Date||No.|
|12/12/21 to 12/25/21||12/29/21||01/07/22||1|
|12/26/21 to 01/08/22||01/12/22||01/21/22||2|
|01/09/22 to 1/22/22||01/26/22||02/04/22||3|
|01/23/22 to 02/05/22||02/09/22||02/18/22||4|
|02/06/22 to 02/19/22||02/23/22||03/04/22||5|
|02/20/22 to 03/05/22||03/09/22||03/18/22||6|
|03/06/22 to 03/19/22||03/23/22||04/01/22||7|
|03/20/22 to 04/02/22||04/06/22||04/15/22||8|
|04/03/22 to 04/16/22||04/20/22||04/29/22||9|
|04/17/22 to 04/30/22||05/04/22||05/13/22||10|
|05/01/22 to 05/14/22||05/18/22||05/27/22||11|
|05/15/22 to 05/28/22||06/01/22||06/10/22||12|
|05/29/22 to 06/11/22||06/15/22||06/24/22||13|
|06/12/22 to 06/25/22||06/29/22||07/08/22||14|
|06/26/22 to 07/09/22||07/13/22||07/22/22||15|
|07/10/22 to 7/23/22||07/27/22||08/05/22||16|
|07/24/22 to 08/06/22||08/10/22||08/19/22||17|
|08/07/22 to 08/20/22||08/24/22||09/02/22||18|
|08/21/22 to 09/03/22||09/07/22||09/16/22||19|
|09/04/22 to 09/17/22||09/21/22||09/30/22||20|
|09/18/22 to 10/01/22||10/05/22||10/14/22||21|
|10/02/22 to 10/15/22||10/19/22||10/28/22||22|
|10/16/22 to 10/29/22||11/02/22||11/10/22||23|
|10/30/22 to 11/12/22||11/16/22||11/23/22||24|
|11/13/22 to 11/26/22||11/30/22||12/09/22||25|
|11/27/22 to 12/10/22||12/14/22||12/22/22||26|