Leap Year Day - are we working for free today?

[theyare]

Been trying to figure this out with a co-worker, but sometimes my logic/math skills are fuzzy.

Assuming you are on a fixed salary, doesn't an extra day in the month / year just mean you are working that day for free?

 

[in stitches]

dont know. im not working today.

 

[hobo style]

You are working for free right now. Fight the man by spending your day poasting on interweb forums.

 

[MrG]



Been trying to figure this out with a co-worker, but sometimes my logic/math skills are fuzzy.
Assuming you are on a fixed salary, doesn't an extra day in the month / year just mean you are working that day for free?

No. Not unless you get paid once a year for the entirety of the year.

 

[Sir Humphrey Appleby]



No. Not unless you get paid once a year for the entirety of the year.

What if you get paid once a month for the entirety of the month? Not that it would make sense, you are being paid for 365 days and you do 366 (on a fixed salary, anyone paid per hour isn't affected).

 

[theyare]



What if you get paid once a month for the entirety of the month? Not that it would make sense, you are being paid for 365 days and you do 366 (on a fixed salary, anyone paid per hour isn't affected).

That's what I'm thinking.

I get paid twice a month - the 15th and the last day of the month.

I suppose people that just get paid every two weeks (e.g. every other Friday) would not be impacted.

 

[hobo style]

I suppose people that just get paid every two weeks (e.g. every other Friday) would not be impacted.

If you are hourly, you get paid to work today. If you are salaried, you are working for free -- doesn't matter if you are paid bi-weekly or semi-monthly. Or perhaps your salary is based on a 366-day year and you are getting a bonus in non-leap years.

 

[MrG]



What if you get paid once a month for the entirety of the month? Not that it would make sense, you are being paid for 365 days and you do 366 (on a fixed salary, anyone paid per hour isn't affected).

That's what I'm thinking.
I get paid twice a month - the 15th and the last day of the month.
I suppose people that just get paid every two weeks (e.g. every other Friday) would not be impacted.

Fair enough. I suppose I should have been more thorough with my flippant remark.

Let me put it another way: The fact that you're on a fixed annual salary doesn't automatically mean you're "working for free."

If you are hourly, you get paid to work today. If you are salaried, you are working for free -- doesn't matter if you are paid bi-weekly or semi-monthly. Or perhaps your salary is based on a 366-day year and you are getting a bonus in non-leap years.

No, this isn't true. As shown above, there are ways it could be constructed that one could argue they're "working for free," but there's nothing inherent about being salaried that makes it the case.

 

[in stitches]

I would say, if indeed your pay structure leads to working for free today, you should talk to your boss or HR, and sort that out.

 

[MrG]



I would say, if indeed your pay structure leads to working for free today, you should talk to your boss or HR, and sort that out.

The only people who would actually have a gripe would be people whose employment terms state that their salary is based on a day-length year, which isn't how a year is actually measured. It's a novel concept to be upset that one is "working for free," but it's really academic.

Moreover, a "year" is technically 365.25 days, so a leap year is just repaying the debt you'd owe to your employer if you've been working 365-day years for the last three.

 

[hobo style]

I agree that this whole line of reasoning is silly -- I thought I was kind of getting at that in my previous posts. Apparently I need to make more frequent use of emoticons.

 

[DannyJman]

I was working...But got let off early during the day..It was all Winning!

 

[wellsronald18]

Absolutely not!