When you have a job that pays you on a bi-weekly schedule that means that you will be getting a paycheck every two weeks. A job that pays on a two-week schedule will usually be two weeks behind so you can expect not to receive your first paycheck for a minimum of one week to two full weeks depending on when you are hired and their cut-off days for their pay periods. Some people find that
. getting paid on a bi-weekly schedule actually loses them money when compared to a weekly schedule because they will pay more in taxes because of the higher amount on the paycheck (this is the same reason why, for some people, it is really a bad idea to work any overtime). One of the benefits of a bi-weekly schedule is that about two times a year you will have a month where you will receive three paychecks. Though you aren't actually making any extra money it can feel like you have an extra paycheck to play with.
