Account

The Actual News

Just the Facts, from multiple news sources.

Getting paid Friday? Why you’ll get an ‘extra’ paycheck in May

Getting paid Friday? Why you’ll get an ‘extra’ paycheck in May

Summary

Some people will receive an extra paycheck in May because of how pay periods fall on the calendar this year. This bonus payday happens only a few times annually when the payment schedule aligns in a certain way.

Key Facts

  • May will include an extra paycheck for some workers.
  • This happens because of the timing of pay periods during the year.
  • Bonus paydays occur only a few times each year.
  • The extra paycheck usually happens if you are paid every two weeks.
  • People paid monthly or weekly may not see this change.
  • The bonus payday can help with extra expenses or savings.
  • This is a normal part of some payroll schedules.
  • Employers follow their usual pay calendars to determine paydays.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.