• NY Apartment Law
  • Fair & Affordable Housing
  • Commercial Lease Law
  • Guidebooks
  • Archives
  • Main Articles
  • Departments
  • eAlerts
  • Blogs
  • Log In
  • Log Out
  • My Account
  • Subscribe
  • NY Apartment Law
  • New York Apartment Law Insider
  • New York Landlord V. Tenant
  • Co-Op & Condo Case Law Digest
  • New York Rent Regulation Checklist, Fourth Edition
  • 2025 New York City Apartment Management Checklist
  • Fair & Affordable Housing
  • Fair Housing Coach
  • Assisted Housing Management Insider
  • Tax Credit Housing Management Insider
  • Fair Housing Boot Camp. Basic Training For New Hires
  • Commercial Lease Law
  • Commercial Lease Law Insider
  • Best Commercial Lease Clauses, 17/e
  • Best Commercial Lease Clauses: Tenant's Edition
  • Best Commercial Lease Clauses, 17/e
  • Best Commercial Lease Clauses, 17/e
  • Main Articles
  • Features
  • Certification
  • Compliance
  • Crime & Security
  • Dealing with Households
  • Income Calculations
  • Maintenance
  • Screening Applicants
  • Departments
  • Dos and Don'ts
  • Q and A
  • Recent Court Rulings
  • HUD Audits
  • In the News
  • Ask the Insider
  • Ask the Insider
  • Send Us A Question
May 17, 2025
We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
The Habitat Group Logo
  • NY Apartment Law
    • New York Apartment Law Insider
    • New York Landlord V. Tenant
    • Co-Op & Condo Case Law Digest
    • New York Rent Regulation Checklist, Fourth Edition
    • 2025 New York City Apartment Management Checklist
  • Fair & Affordable Housing
    • Fair Housing Coach
    • Assisted Housing Management Insider
    • Tax Credit Housing Management Insider
    • Fair Housing Boot Camp. Basic Training For New Hires
  • Commercial Lease Law
    • Commercial Lease Law Insider
    • Best Commercial Lease Clauses, 17/e
      • Best Commercial Lease Clauses, 17/e
    • Best Commercial Lease Clauses: Tenant's Edition
  • Guidebooks
  • May 17, 2025
  • Log In
  • Log Out
  • My Account
  • Subscribe
  • May 17, 2025
AHMI Logo.webp
  • Archives
  • Main Articles
    • Features
    • Certification
    • Compliance
    • Crime & Security
    • Dealing with Households
    • Income Calculations
    • Maintenance
    • Screening Applicants
  • Departments
    • Dos and Don'ts
    • Q and A
    • Recent Court Rulings
    • HUD Audits
    • In the News
    • Ask the Insider
      • Send Us A Question
  • eAlerts
  • Blogs
Free Issue
The Habitat Group Logo
May 16, 2025
  • Log In
  • Log Out
  • My Account
Home » Blogs » Daniel Bagliore » Differentiating Between Bi-Weekly and Semi-Monthly Payments

Daniel Bagliore
Daniel Bagliore RSS FeedRSS

Assisted Housing Management Insider
Danbagliore

Daniel Bagliore is a freelance writer with 26 years of affordable housing experience.

Differentiating Between Bi-Weekly and Semi-Monthly Payments

Aug 23, 2023
Daniel Bagliore

Under the Section 8 program, employed residents are required to provide their last four to six consecutive pay stubs to enable the owner/agent to calculate annual employment income.

HUD provides the following conversion schedule to enable the annualization of employment income:

  1. Hourly wages by the number of hours worked per year (2,080 hours for full-time employment with a 40-hour week and no overtime)
  2. Weekly wages by 52 weeks
  3. Bi-weekly wages (paid every other week) by 26 weeks
  4. Semi-monthly wages (paid twice each month) by 24 weeks
  5. Monthly wages by 12 months
  6. To annualize other than full-time income, multiply the wages by the actual number of hours or weeks the person is expected to work.

Differentiating between a bi-weekly (#3) and semi-monthly (#4) payment schedule could be challenging when reviewing pay stubs:

  • A bi-weekly payment schedule means the employee is paid every other week, usually on different dates
  • A semi-monthly payment schedule means the employee is paid twice each month, usually on the same two dates (for example, the 1st and 15th of each month or the 15th and 30th or 31st of each month)

Let’s use the following example to differentiate between bi-weekly and semi-monthly payments:

BI-WEEKLY (26 WEEKS)

 

SEMI-MONTHLY (24 WEEKS)

Check Date

Gross

 

Check Date

Gross

6/1/2023

$1,756.39

 

6/1/2023

$1,756.39

6/15/2023

$1,756.39

 

6/15/2023

$1,756.39

6/29/2023

$1,756.39

 

7/1/2023

$1,756.39

7/13/2023

$1,756.39

 

7/15/2023

$1,756.39

7/27/2023

$1,756.39

 

8/1/2023

$1,756.39

8/10/2023

$1,756.39

 

8/15/2023

$1,756.39

Total:

$10,538.34

 

Total:

$10,538.34

Average:

$1,756.39

 

Average:

$1,756.39

Annualized:

$45,666.14

 

Annualized:

$42,153.36

50059:

$45,666

 

50059:

$42,153

As you can see, the bi-weekly payments were paid every two weeks on different dates (including three payments in June), whereas the semi-monthly payments were consistently made on the same two dates each month, in this case, on the 1st and 15th of June, July, and August.

In addition, the average gross pay of $1,756.39 was annualized over 26 weeks for bi-weekly payments (totaling $45,666.14) and 24 weeks for semi-monthly payments (totaling $42,153.36).

Failing to properly distinguish between bi-weekly and semi-monthly pay periods could result in miscalculation of income and a management review finding.

 

Daniel Bagliore is a writer and Rental Housing & Quality Assurance Professional.

 

  • Publications
    • Assisted Housing Management Insider
    • Commercial Lease Law Insider
    • Co-op & Condo Case Law Tracker Digest
    • Fair Housing Coach
    • New York Apartment Law Insider
    • New York Landlord v. Tenant
    • Tax Credit Housing Management Insider
  • Additional Links
    • Contact Us
    • Advertise
    • Group Subscriptions
    • Privacy Policy
  • Boards of Advisors
    • Assisted Housing Management Insider
    • Commercial Lease Law Insider
    • Fair Housing Coach
    • New York Apartment Law Insider
    • Tax Credit Housing Management Insider
©2025. All Rights Reserved. Content: The Habitat Group. CMS, Hosting & Web Development: ePublishing
The Habitat Group Logo
  • NY Apartment Law
    • New York Apartment Law Insider
    • New York Landlord V. Tenant
    • Co-Op & Condo Case Law Digest
    • New York Rent Regulation Checklist, Fourth Edition
    • 2025 New York City Apartment Management Checklist
  • Fair & Affordable Housing
    • Fair Housing Coach
    • Assisted Housing Management Insider
    • Tax Credit Housing Management Insider
    • Fair Housing Boot Camp. Basic Training For New Hires
  • Commercial Lease Law
    • Commercial Lease Law Insider
    • Best Commercial Lease Clauses, 17/e
      • Best Commercial Lease Clauses, 17/e
    • Best Commercial Lease Clauses: Tenant's Edition
  • Guidebooks
  • May 17, 2025
  • Log In
  • Log Out
  • My Account
  • Subscribe
  • May 17, 2025
AHMI Logo.webp
  • Archives
  • Main Articles
    • Features
    • Certification
    • Compliance
    • Crime & Security
    • Dealing with Households
    • Income Calculations
    • Maintenance
    • Screening Applicants
  • Departments
    • Dos and Don'ts
    • Q and A
    • Recent Court Rulings
    • HUD Audits
    • In the News
    • Ask the Insider
      • Send Us A Question
  • eAlerts
  • Blogs
Free Issue
The Habitat Group Logo
May 16, 2025
  • Log In
  • Log Out
  • My Account