Preface: all the numbers provided are fictional, but refer to the real situation
I started recently with the new job, where accounting manager indicated that checks are biweekly. As I started at the end of the month, I got my first paycheck only for the first week of work, which equals
($5 (per hour) * 40 (actual working hours)) * 0.24 (total tax deduction) = $152. When I received next biweekly check it only was
$284 instead of expected
$302. Once calculated I came up with being deducted not my usual
24% tax deduction, but
29%. So I'm little confused here:
- Should the tax deduction amount be fixed regardless of the payment frequency?
- Should I be asking my accounting manager to switch me to a weekly pay basis (where apparently I'll be making more money each month)?