If your annual salary is $35,000 per year, your monthly gross pay is $2,916.67 and your biweekly gross pay for the remainder of the 2018-19 fiscal year is $1,250.
Transitional biweekly pay calculation
$35,000 / 2 = $17,500
$17,500 / 14 = $1,250
Transitional biweekly pay = $1,250
Permanent biweekly pay calculation
$35,000 / 26 = $1,346.15
Permanent biweekly pay = $1,346.15
Because you are transitioning from monthly pay to biweekly pay in the middle of a fiscal year, you will have 12 pays in the fall and 14 pays in the spring. However, at the beginning of the new fiscal year 2019-20, your biweekly gross pay will increase so that it is evenly distributed over the 26 biweekly pays.
Biweekly pay Schedule (xls)
Even though the biweekly pay is less, you will receive it more frequently, thus increasing your cashflow throughout the month. By your third biweekly check you'll experience increased cashflow which means you'll have access to your cash faster.
Download the cashflow comparison Excel spreadsheet to see your cashflow increase and calculate your pay.
Calculate Your PaY (XLS)