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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby burt » Wed Jan 08, 2014 7:07 pm

and her 1st check mentioned her annual salary was divided by 13. Anybody? I can ask personnel tomorrow but would adore to know tonight... is this widespread, have you run into it ahead of -- I in no way have. Thanks.
burt
 
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Fallamhain » Mon Jan 20, 2014 4:47 am

Your daughter's school district pays every 4 weeks. School teachers are paid only once a month. I've heard that this is a money saving measure because the school district only has to do payroll once a month rather than weekly or bi-weekly. This can actually work out several different ways. Some only get paid 10 times because they only actually work 10 months a year. This makes for some lean summers if they aren't very good at saving. Some get paid 12 times a year. The district pays on the same calendar day of the month 12 times a year. Now, the teacher still only works 10 months so the district takes the 10 month salary and divides it into 12 equal parts. This doesn't leave the poor savers out in the cold during the summer months. At least teachers know they can always pay the rent. Other districts want to pay every 4 weeks. This works out to 13 paydays in a calendar year. For example, they might pay every 4th Friday. If this is the case, calendar wise payday could be at the beginning, middle or end of the month. One month of the calendar year, employees will be paid at both the beginning and the end of the same month. That's pretty sweet. Your daughter will quickly get used to this pay schedule. All teachers do. -layyla- 64 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Enea » Mon Jan 20, 2014 11:52 am

Spread that money out evenly! When I worked for a school district, it was a way to divide pay checks equally, throughout the year ? one pay check for every four weeks. It worked out well, because most of the employees were not 12 month, but 10 and some 11, yet they wanted their paychecks evenly distributed. I think it was actually a part of each union?s contract each year, and since the Teacher?s Union dictated most policies, the other unions followed suit.   Sources: Goldie @Goldie 64 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Barry » Wed Jan 22, 2014 3:49 pm

Some people get paid weekly, and some people get paid bi-weekly.  That is 52 or 26 paychecks in a year.  Notice that both of these numbers are evenly divisible by 13.  I have never heard of it, but there is no reason why you could not be paid every 4 weeks.  It would be very similar to monthly, but would diverge quickly from receiving your check at the same time every month.  I can see no advantage to this, except to cut down on the number of checks that are issued.  And there is a lot of time to find and correct errors before the next pay period is over.  It would make it hard for the company's employees to budget their money monthly, unless they considered the last paycheck a bonus, and just lived off of the first 12 checks. I hope this helps.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Medredydd » Wed Jan 29, 2014 2:33 am

When I worked for a school district, it was a way to divide pay checks equally, throughout the year ? one pay check for every four weeks. It worked out well, because most of the employees were not 12 month, but 10 and some 11, yet they wanted their paychecks evenly distributed. I think it was actually a part of each union?s contract each year, and since the Teacher?s Union dictated most policies, the other unions followed suit.  
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Marline » Fri Jan 31, 2014 7:19 pm

Depends on what the pay periods are If the pay periods are figured on every other week, there are 26 pay periods per year.  If pay periods are figured twice  monthly, then there are 24. A quarter is 13 weeks.  If we look at it on a yearly basis, there are 4.33 weeks in a month. So it all  depends on the accounting system in place.  Apparently the school district where your wife will be working uses either  the 26 pay periods per year or 13 per year on a monthly basis ,  which could also be called the 13 month year.  They are paying on an exact 4 week month, which times 13 is 52 weeks for the year. Sources: Experience Curious2135 64 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Hewett » Thu Feb 13, 2014 10:58 pm

School teachers are paid only once a month. I've heard that this is a money saving measure because the school district only has to do payroll once a month rather than weekly or bi-weekly. This can actually work out several different ways. Some only get paid 10 times because they only actually work 10 months a year. This makes for some lean summers if they aren't very good at saving. Some get paid 12 times a year. The district pays on the same calendar day of the month 12 times a year. Now, the teacher still only works 10 months so the district takes the 10 month salary and divides it into 12 equal parts. This doesn't leave the poor savers out in the cold during the summer months. At least teachers know they can always pay the rent. Other districts want to pay every 4 weeks. This works out to 13 paydays in a calendar year. For example, they might pay every 4th Friday. If this is the case, calendar wise payday could be at the beginning, middle or end of the month. One month of the calendar year, employees will be paid at both the beginning and the end of the same month. That's pretty sweet. Your daughter will quickly get used to this pay schedule. All teachers do.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Gaetan » Fri Feb 14, 2014 9:06 pm

If the pay periods are figured on every other week, there are 26 pay periods per year.  If pay periods are figured twice  monthly, then there are 24. A quarter is 13 weeks.  If we look at it on a yearly basis, there are 4.33 weeks in a month. So it all  depends on the accounting system in place.  Apparently the school district where your wife will be working uses either  the 26 pay periods per year or 13 per year on a monthly basis ,  which could also be called the 13 month year.  They are paying on an exact 4 week month, which times 13 is 52 weeks for the year.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Botolph » Fri Feb 28, 2014 2:54 am

It is perfectly logical if she is to be paid every four weeks. As there are 52 weeks in the year, dividing 52 by 4 = 13 paychecks.   I worked in Payroll at a federal facility for 13 years and we are paid every 2 weeks so we are paid 26 times a year.  If we were paid twice a month(as some places do), we would be paid only 24 times a year.  So employees at our facility who were paid based on an annual salary had their salary divided by 26 to see what their biweekly gross pay would be.   You'd be amazed at how complex Payroll can be.  Especially in a federal medical facility where there are all types of workers - RNs, LPNs, MDs, clerical, therapists, etc. and they are all paid in different ways and get different types of premium pay, like shift pay, weekend pay, etc.  One time I met a patient in the hall(who didn't know I worked in Payroll) who told me the cushiest job around was in payroll because you only had to work one day every two weeks! HA! Sources: more experience in Payroll than my nightmares can contain anniemdaffodils 64 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.
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What Is The Rationale For Dividing An Annual Salary By 13? My Wife Just Went To Work For A School System

Postby Dunne » Sat Mar 01, 2014 6:43 pm

As there are 52 weeks in the year, dividing 52 by 4 = 13 paychecks.   I worked in Payroll at a federal facility for 13 years and we are paid every 2 weeks so we are paid 26 times a year.  If we were paid twice a month(as some places do), we would be paid only 24 times a year.  So employees at our facility who were paid based on an annual salary had their salary divided by 26 to see what their biweekly gross pay would be.   You'd be amazed at how complex Payroll can be.  Especially in a federal medical facility where there are all types of workers - RNs, LPNs, MDs, clerical, therapists, etc. and they are all paid in different ways and get different types of premium pay, like shift pay, weekend pay, etc.  One time I met a patient in the hall(who didn't know I worked in Payroll) who told me the cushiest job around was in payroll because you only had to work one day every two weeks! HA!
Dunne
 
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