Justworks pays all salaried employees on the 15th and last day of every month. This is NOT bi-weekly. Therefore, there are 24 payments in a calendar year. To calculate the salary, take the annual amount and divide by 12 and then by 2.
Example: $50,000.00 (annual) / 12 = $4,166.67 / 2 = $2,083.33 each pay-cycle (pre-tax)
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.