Bi-weekly pay period definition and meaning
A bi-weekly pay period is a payroll schedule where employees are paid once every two weeks, for a total of 26 pay periods in a year.
More about bi-weekly pay periods
Bi-weekly pay schedules will have two more pay days per year than semi-monthly pay schedules, which only have 24. This type of pay schedule is common for hourly workers, but it can be used in a variety of instances.