Accounting, Payroll & Pension Issues/Pay for 'Extra Days'

Advertisement

Expert: - 1/7/2009


Question
In a salaried position, say at a yearly rate of $52,000, is an employee entitled

to 'extra work day' compensation in years like leap years?

Is a salary supposed to be calculated by average days worked (say 185 days

for a teacher) or just divided weekly?  And, if there is to be compensation for

'extra days', is it at the $52,000/185 rate, or does it then become

$52,000/186?  

Answer
Salaried employees are calculated on an annual salary doesn't matter if there are extra days in the year. The salaried employee is paid an annual salary to do the job.

Salary can be divided by month, week or day to pay for payroll purposses, but the job is paid an annual salary and is the same no matter how many days are in the year.

Shirlely

Accounting, Payroll & Pension Issues

All Answers

Answers by Expert:

Ask Experts

Volunteer

Shirley McAllister, CPP, PHR

Expertise

I can answer payroll questions, payroll tax questions, 401K questions. No stock option questions please and I have some knowledge of other pensions but am most familiar with the 401K pension. I can answer U.S.and Canada payroll questions proficiently and have a good general knowledge of UK and South Africa and some knowledge of Australia and New Zealand Payroll procedures. Please do not ask me homework questions I do not have time to answer them.

Experience

25 years with an international company in the Human Resources, Payroll and Payroll Tax areas.

Organizations
SHRM, APA, I.O.M.A.

Publications
I.O.M.A. and BNA

Education/Credentials
P.H.R., C.P.P., Canadian Payroll Administrator, Successfully passed APA class on UK Payroll Administration. Boise State University Human Resource Certification

Awards and Honors
APA Hotline Citation of Merit for last 8 years.

©2012 About.com, a part of The New York Times Company. All rights reserved.