Segregation algorithms of the incompressible Wavier-Stokes equations using P1P1/P2P1 finite element formulation are newly proposed. P1P1 formulation allocates velocity and pressure at the same nodes, while P2P1 formulation allocates pressure only at the vertex nodes and velocity at both the vertex and the midpoint nodes. For a comparison of both the elapsed time and the accuracy between the two methods, they have been applied to the well-known benchmark problems. The three cases chosen are the two-dimensional steady and unsteady flows around a fixed cylinder, decaying vortex, and impinging slot jet. It is shown that the proposed P2P1 semi-segregation algorithm performs better than the conventional P1P1 segregation algorithm in terms of both accuracy and computation time.