kitanzi: (Default)
[personal profile] kitanzi
You may or may not have sat down and figured it out, but this is not only a leap year, it's an unusual leap year. Due to how the calendar falls this year, there are 53 Thursdays and Fridays, and many companies will have an extra payday to deal with. Some companies are just giving out an extra pay check, some are trying to prorate things so that the same yearly earning is stretched over an extra week. Some are apparently just having kittens while trying to figure out WHAT to do.

If you don't know which your company is doing and would like to, you may want to ask. If you're curious - or want to be able to tell your employer - what many companies are doing, check out:

http://www.americanpayroll.org/epayx0401/feature1_0401.html
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