anyone else getting additional 2 weeks pay this year?

richardycc

Diamond Member
Apr 29, 2001
5,719
1
81
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.
 

amdhunter

Lifer
May 19, 2003
23,332
249
106
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Holy Crap...I am in the same situation. My pay "Year" is from April - April though, so I probably won't be affected.
 

BlackTigers

Diamond Member
Jan 15, 2006
4,491
2
71
All I know is that I get 3 paychecks in December.

Which is by far, the most perfect month ever to get three paychecks.
 

Joemonkey

Diamond Member
Mar 3, 2001
8,859
2
0
I get paid on the 1st and 15th of every month, so I always get 24 paychecks...
 

CptCrunch

Golden Member
Jan 31, 2005
1,877
1
0
I got paid 3 times in October for an extra paycheck. Went straight to savings as I'm used to living off 2 paychecks a month. Very nice little bonus.
 

Injury

Lifer
Jul 19, 2004
13,066
2
81
Originally posted by: Gibson486
last I heard, salary was yearly, not weekly.


This...

..and the likelihood that he'll probably be posting next year pissed off because his company isn't giving him a paycheck on 12/31.

 

meltdown75

Lifer
Nov 17, 2004
37,548
7
81
i wish. my 3-pay months were May and October.

the next one i get isn't until April :/
 

Capt Caveman

Lifer
Jan 30, 2005
34,543
651
126
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.
 

SacrosanctFiend

Diamond Member
Oct 2, 2004
4,269
0
0
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

No, he's correct. Some employers who pay bi-weekly on a Thursday schedule will have a 27 payday anomaly this year if their employer chooses to pay early due to the holiday.

Dec. 18th will be his 26th paycheck. Dec. 31st will be his 27th.
 

Capt Caveman

Lifer
Jan 30, 2005
34,543
651
126
Originally posted by: SacrosanctFiend
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

No, he's correct. Some employers who pay bi-weekly on a Thursday schedule will have a 27 payday anomaly this year if their employer chooses to pay early due to the holiday.

Dec. 18th will be his 26th paycheck. Dec. 31st will be his 27th.

Then base on that anomaly, shouldn't each paycheck be 1/27th of their salary? Or is the 1/1 paycheck 1st of 26 for 2009?
 

BurnItDwn

Lifer
Oct 10, 1999
26,234
1,718
126
I get paid once per month. Used to get paid every 2 weeks before I was on salary. Monthly is better, less effort.
 

SacrosanctFiend

Diamond Member
Oct 2, 2004
4,269
0
0
Originally posted by: Capt Caveman
Originally posted by: SacrosanctFiend
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

No, he's correct. Some employers who pay bi-weekly on a Thursday schedule will have a 27 payday anomaly this year if their employer chooses to pay early due to the holiday.

Dec. 18th will be his 26th paycheck. Dec. 31st will be his 27th.

Then base on that anomaly, shouldn't each paycheck be 1/27th of their salary?

Only if their company accounted for it. Most companies do not.
 

Gibson486

Lifer
Aug 9, 2000
18,378
1
0
Originally posted by: Capt Caveman
Originally posted by: SacrosanctFiend
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

No, he's correct. Some employers who pay bi-weekly on a Thursday schedule will have a 27 payday anomaly this year if their employer chooses to pay early due to the holiday.

Dec. 18th will be his 26th paycheck. Dec. 31st will be his 27th.

Then base on that anomaly, shouldn't each paycheck be 1/27th of their salary? Or is the 1/1 paycheck 1st of 26 for 2009?


yes.
 

richardycc

Diamond Member
Apr 29, 2001
5,719
1
81
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

we already had our 2 three paychecks months back in 1/08 and 7/08, this 12/08 is the extra rare unexpected one this year.
 

RKS

Diamond Member
Oct 9, 1999
6,824
3
81
Originally posted by: JLee
I'm paid weekly..so it doesn't affect me much. :p


this and if my employer could get away with paying me under the table with a wad of cash, he would.
 

Capt Caveman

Lifer
Jan 30, 2005
34,543
651
126
Originally posted by: richardycc
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

we already had our 2 three paychecks months back in 1/08 and 7/08, this 12/08 is the extra rare unexpected one this year.

Note, next year is a 27 paycheck year for you thus I'm assuming the paycheck you are receiving on 12/31 is going to be 1/27 of your salary for next year.
 

SacrosanctFiend

Diamond Member
Oct 2, 2004
4,269
0
0
Originally posted by: Capt Caveman
Originally posted by: richardycc
Originally posted by: Capt Caveman
Originally posted by: richardycc
We get pay our 2weeks paycheck every other Thursday, and we just got paid today, and the next one is on the 18th, and then the following one is on 1/1/2009, because 1/1 is a holiday, so my company will pay us on the 12/31/08 instead. So we are in fact getting pay 27 paychecks this year. I?ve already done the math, so don?t try to tell me I am wrong. We are still getting pay 26 paychecks next year, and each paycheck is the annual salary amount / 26.

Your paycheck on 1/1 is the 26th of the 2008 year. 26 paychecks/12 months means two months of the year you will received three pay checks.

we already had our 2 three paychecks months back in 1/08 and 7/08, this 12/08 is the extra rare unexpected one this year.

Note, next year is a 27 paycheck year for you thus I'm assuming the paycheck you are receiving on 12/31 is going to be 1/27 of your salary for next year.

If the company pays out on 12/31/2008, it gets reported as 2008 income. That makes 2008 a 27 paycheck year and 2009 a 26 paycheck year (the first reported paycheck as 1/08/2009)
 

Ns1

No Lifer
Jun 17, 2001
55,419
1,599
126
so uh is there any effect to me, a weekly employee, who gets paid every thursday?
 

Casawi

Platinum Member
Oct 31, 2004
2,366
1
0
Salary, and I get pay once month. So 12 times a year how ever you look at it.