February of 2024 features an extra day, leading many to wonder whether employees are entitled to extra compensation, or if their work on the leap day will go unpaid.
“For the 15th and last day of the month it’s always two pay periods per month, so they actually end up losing out on that extra day,” says Ms. Shallow. Ms. Shallow advises employers to avoid offering salaried workers the absolute minimum and suggests bumping up their pay enough to protect against unforeseen complications — like a leap year — that may result in compensation falling below the legal requirement.
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