Which years have 27 pay periods

See our table below for the number of days in , , and to help you plan accordingly. An extra pay period can affect salaried employees paid weekly or biweekly. In , there are 53 Wednesdays and 53 Thursdays. As a result, weekly or biweekly salaried employees paid on either of these days will experience an extra pay period. Salaried employees paid monthly or semi-monthly and employees paid by the hour are not affected.

If you find yourself with an extra pay period, you have a few options for your payroll:. Give employees their usual paycheck amounts each period. Example: Mary is a salaried employee paid biweekly. Option 2: Divide salaries by 27 or 53 instead of the usual 26 or 52 to account for the extra pay period. Keep in mind that choosing this option may put a strain on your employees.

Option 3: Divide salaries by a more accurate multiplier, either Instead, you can use Option 4: Change your pay date or pay frequency. In , for instance, there are 53 Wednesdays, but only 52 Fridays. Whether you continue payments as usual or make a change, an extra pay period can affect other factors connected to your payroll.

Extra pay periods are more prevalent during leap years, but they can occur any year depending on pay date and frequency. If you have an extra pay period, consider how you want to compensate employees and remember to check the other factors that may accompany payroll changes.

Click here to download our Complete Payroll Checklist for Leap Years and Extra Pay Periods, and reach out to your payroll provider if you have any additional questions. These employee engagement best practices can help you boost productivity, profitability, and retention in your workplace…. We did nothing, basically.

PeopleSoft treated it as any other pay period. The employees are still working the same of hours per week and our management felt they deserved that pay and we left it so deductions came out as well. No one complained and honestly, no one really noticed. I think the communication would be a bit of a nightmare. I think you just need to find some options and weigh them as to what will work best for your company. It is different everywhere. No Account? Sign up. By signing in, you agree to our Terms of Use and Privacy Policy.

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Newsletter Topics Select minimum 1 topic. Tags: PeopleSoft HR. RooiValk April 24, 0 Comments. Any help would be greatly appreciated. Amy Donaldson Posted April 24, 0 Comments. As Marc mentioned, communications to employees is challenging.

Best of luck to you! David Luding Posted April 26, 0 Comments. Denise White Posted April 26, 0 Comments. RooiValk Posted April 26, 0 Comments.

Amy, do you have to add a new Job row for each employee when switching between 26 and 27? Amy Donaldson Posted April 26, 0 Comments. RooiValk Posted April 27, 0 Comments. So after some brainstorming someone made the following observation: Assuming we divide by the number of paychecks in a year 26 or 27 … during a year with 27 pay checks, an employee would be underpaid if the first paycheck of the year was mostly for time worked in the prior year with 26 pay periods, and they term shortly after this paycheck.

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