<prompt> Human: What is the proper way of breaking down your salary into bi-weekly payments?For example if your contract says 100,000 salary but your employer takes 100,000 12 2 this equals 4166 per pay period but4166 x 26 weeks in a year 108333 which is significantly moreIs your salary x divided by 12 months divided by 2 weeks per month or Is your salary x divided by 26 pay periods in a yearHow does the government view this for accounting purposes. Any insight would help. Cheers!  <response>: For example if your contract says 100,000 salary but your employer takes100,000 12 2 this equals 4166 per pay period butThis is not a biweekly pay schedule, this is a semimonthly pay schedule.4166 x 26 weeks in a year 108333 which is significantly moreYoure thinking in circles here. The correct calculation is 100k divided by 26 pay periods, which is 3846.15 per pay period. 