When do we get paid? Every two weeks or twice a month? Every two weeks means your pay is essentially reduced by two entire paychecks. With "twice a month" your paycheck is $NET_SALARY/24. With "every two weeks" your paycheck is $NET_SALARY/26, meaning two months out of the year, you'll get three pay checks. But--the rest of the year, your salary is essentially reduced by ($NET_SALARY/26 2). You can't create a monthly budget out of two pay checks you get twice a year, six months apart.*
Am I missing something there? To me, this is only a concern for someone living paycheck to paycheck and that generally doesn't seem to be an issue for software developers.
Am I missing something there? To me, this is only a concern for someone living paycheck to paycheck and that generally doesn't seem to be an issue for software developers.