What does bi-weekly pay mean?

Bi-weekly pay means that employees receive their wages every two weeks, typically resulting in 26 paychecks per year. Each pay period covers 14 days, and payday usually falls on the same day of the week, such as every other Friday. This payment schedule is commonly used by employers because it helps with budgeting and payroll processing. For employees, it can be easier to manage finances with more frequent but smaller paychecks compared to monthly pay periods.