First day of the next bi-weekly Sunday to Saturday payroll period after a given date
Hi,
In a 401(k) plan, employees enter the plan on the first date of the next payroll period after they've been employed for 120 days. I can calculate 120 days after their date of hire. But I am wondering if anyone knows a formula that will return the first date of the next bi-weekly "Sunday to Saturday" payroll period after any date. For example:
Let's say the employer's first 2016 bi-weekly payroll period runs from Sunday 1/3/2016 to Monday 1/16/2016, the second runs from 1/17/2016 to 1/30/2016, and so on. An employee has been working 120 days for the employer on 8/10/2016. Does anyone have a formula that will return the first date of the next bi-weekly pay period after 8/10/2016 (8/14/2016)?
Thanks in advance of your response!
Last edited by ElizabethWells : September 1st 16 at 07:07 PM
Reason: Clarification
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