Biweekly pay rate calculation depends on the employee status:
- Graduate students and TME (Temporary Exempt from FLSA) Flat Rate employees are paid a set amount each pay period. This amount can be determined by dividing the annual salary by 26 (the number of biweekly pay periods in a year).
- Student workers and temporary employees are paid an hourly rate. The biweekly pay rate can be determined by multiplying the hourly rate by the number of hours worked in a two-week period.