Are You Working for Free on February 29 Because of the Leap Year?
What strange event happens every four years? No, it's not the Presidential race — although “strange” certainly sums up the 2016 race nicely. We are thinking more about leap years. February 29 falls on a Monday this year, making it just another workday for most people. Do you get paid for that extra workday? That depends on your status and the pay policies at your workplace. If you are an hourly employee on the clock, it represents an extra workday and an extra salary for that workday, so your income for the year increases by one day's pay. If you are a salaried employee, things get a bit more interesting.