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#11
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#13
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In article , ine (Bryan
Morris) wrote: In message , writes In article , ine (Bryan Morris) wrote: In message , Neil Williams writes On 2016-02-03 08:59:40 +0000, Guy Gorton said: As is the state pension but that is probably not very relevant to commuters! The term for it is "lunar monthly". Plenty of businesses do it, but it is a nuisance as most large expenses (mortgage payment etc) work on a calendar monthly schedule. 2016 is of course a leap year, I recall my (late) mother who was paid on a monthly basis also being paid for an extra day in February each leap year in one company she worked for. Was she paid less in February than in other months? Nope the same each month i.e. yearly salary divided by 12 but as in a leap year there are 366 days rather than 365 she got an extra days pay then So I was diddled for every leap year after 1976! -- Colin Rosenstiel |
#14
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In message ,
writes In article , ine (Bryan Morris) wrote: In message , writes In article , ine (Bryan Morris) wrote: In message , Neil Williams writes On 2016-02-03 08:59:40 +0000, Guy Gorton said: As is the state pension but that is probably not very relevant to commuters! The term for it is "lunar monthly". Plenty of businesses do it, but it is a nuisance as most large expenses (mortgage payment etc) work on a calendar monthly schedule. 2016 is of course a leap year, I recall my (late) mother who was paid on a monthly basis also being paid for an extra day in February each leap year in one company she worked for. Was she paid less in February than in other months? Nope the same each month i.e. yearly salary divided by 12 but as in a leap year there are 366 days rather than 365 she got an extra days pay then So I was diddled for every leap year after 1976! Yep. If you're paid daily or weekly the extra day in a leap year makes no difference but if monthly you work one day free in a leap year -- Bryan Morris Public Key http://www.pgp.uk.demon.net - 0xCC6237E9 |
#15
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Bryan Morris wrote:
Yep. If you're paid daily or weekly the extra day in a leap year makes no difference but if monthly you work one day free in a leap year However if you work Monday - Friday, you can argue that there are only 261 weekdays this year, the same number as last year (although in 2020 there will be 262). Peter Smyth |
#16
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#17
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On 2016-02-03 15:28:59 +0000, Bryan Morris said:
2016 is of course a leap year, I recall my (late) mother who was paid on a monthly basis also being paid for an extra day in February each leap year in one company she worked for. That might of course depend on if you are salaried or waged. If salaried, you simply get your annual salary divided by the number of pay periods - it isn't "per day" or "per hour" or anything like that. Neil -- Neil Williams Put my first name before the @ to reply. |
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