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If You’re Paid Biweekly, You’ll Probably Get an Extra Paycheck in 2020

HR Digest

It depends on how your employer will manage this unusual year. Some employers may choose to divide employees’ annual salary over 27 pay periods instead of 26. This means that gross pay would be 3.7% lower each pay period during 2020 (although you’d make the same total salary).

401(k) 81
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Top 5 reasons to check your payslip

cipHR

It can get a bit complicated for employees who opt into salary sacrifice or salary exchange pension schemes, particularly for the first time, as there might be some unexpected differences in gross pay and taxable pay. Whereas an employee’s line manager wouldn’t know that information.

Pension 98
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Only 57% of employees always check their payslips

cipHR

Similarly, women and employees in non-management roles seem to be more conscientious when it comes to their payslips – 60% of women compared to 53% of men, and 60% of non-managerial staff compared to 45% of people occupying senior management positions, report always checking their payslips. e: ejones@ciphr.com. t: 01628 244206.