SALARY FORTNIGHTLY VS MONTHLY   (08/19/2014, 3:19 AM)

One of my staff has indicated he is being underpaid as I have split his annual salary into 26 fortnightly payments. Whereas on monthly, he would be paid more (as there is not exactly 52 weeks in a year. The difference is approximately one day's pay. Is this correct? Would it eventually balance out over time as some years they would be paid 27 times in a 365 day period?

 


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08/19/2014, 3:19 AM SALARY FORTNIGHTLY VS MONTHLY
08/25/2014, 3:27 AM     Re: SALARY FORTNIGHTLY VS MONTHLY