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anyone else getting additional 2 weeks pay this year?

R

richardycc

Diamond Member
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.
 
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.
Click to expand...

Holy Crap...I am in the same situation. My pay "Year" is from April - April though, so I probably won't be affected.
 
All I know is that I get 3 paychecks in December.

Which is by far, the most perfect month ever to get three paychecks.
 
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.
 
Originally posted by: Gibson486
last I heard, salary was yearly, not weekly.
Click to expand...


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.

 
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.
Click to expand...

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.
 
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.
Click to expand...

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.
Click to expand...

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.
 
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.
Click to expand...

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.
Click to expand...

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.
Click to expand...

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?
 
I get paid once per month. Used to get paid every 2 weeks before I was on salary. Monthly is better, less effort.
 
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.
Click to expand...

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.
Click to expand...

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.
Click to expand...

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

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

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.
Click to expand...

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.
Click to expand...

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?
Click to expand...


yes.
 
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.
Click to expand...

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.
Click to expand...

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.
 
Originally posted by: JLee
I'm paid weekly..so it doesn't affect me much. 😛
Click to expand...


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

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.
Click to expand...

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.
Click to expand...

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.
 
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.
Click to expand...

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.
Click to expand...

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.
Click to expand...

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.
Click to expand...

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)
 
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