Transition to Bi-Weekly Payroll
Dear Fire Contract Employees,
On July 1, 2012, the Fire Contract Employees are moving to
bi-weekly pay and will receive 26 paychecks each year.
Bi-weekly payroll is the most common pay practice among
employers and there are advantages to employees as we make this
change - namely, employees are paid more frequently.
Because the transition to bi-weekly pay impacts the amount of
each paycheck, we want to ensure that you have all of the
information, tools, and support you need so that this is a smooth
transition. We strongly encourage you to review the
information in this packet and the other tools referred to and to
ask us any questions that you have.
In this packet you will find the following information:
- Bi-Weekly Calendar- The 2012 calendar notes
important dates, such as the date of each payday.
- Preparing for Bi-Weekly Pay- This list of
ideas provides suggestions of things you can do to prepare for a
potential decrease in each paycheck. Each paycheck will
decrease because you will be receiving more paychecks per
year.
- Budget Suggestions- Because the amount of
money in each paycheck decreases, we have included typical
considerations when preparing a family budget along with a
spreadsheet you can use in preparing a budget.
- Contacts and Resources- This information
includes a list of contacts and resources if you have further
questions.
To answer your questions, the City has prepared a list of Frequently Asked Questions
(FAQs), which is your most accurate source of information.
One of the most important tools you can use to determine
the amount of your bi-weekly paychecks is the bi-weekly net pay
estimator. You can find that tool at the above website under
the link, "Employee
Toolbox."
Thank you for cooperation as we make this important change in our
payroll processes.
Sincerely,
Kenneth Carlsen - Payroll Manager
(208) 433-5606
kcarlsen@cityofboise.org