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29th FEB worked for free??

At work today, I was informed my colleague that as we are on an annual salary we would be working for free on the 29th because we neither get extra pay for the month of February or get an extra day off in the year. Is this the case. Can anything be done about it to either get an extra day off or extra money; or will I have just to accept it?
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Comments

  • BoGoF
    BoGoF Posts: 7,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You could look at it another way - say you start work in a leap year, would you be prepared to take a pay cut for the other 3?......didn't think so.....
  • chunkychocky
    chunkychocky Posts: 1,085 Forumite
    Part of the Furniture Combo Breaker
    Your annual salary covers 365.25 days per year. In other years you benefit as you receive that pay spread over just 365 days. In a leap year it is catch up time.
  • Coincidentally there's an extra bank holiday this year, which sort of compensates.
  • SarEl
    SarEl Posts: 5,683 Forumite
    At work today, I was informed my colleague that as we are on an annual salary we would be working for free on the 29th because we neither get extra pay for the month of February or get an extra day off in the year. Is this the case. Can anything be done about it to either get an extra day off or extra money; or will I have just to accept it?

    Un - bel - ieve - able!

    A new standard has been set...
  • BoGoF
    BoGoF Posts: 7,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    SarEl wrote: »
    Un - bel - ieve - able!

    A new standard has been set...

    In all honesty I've been waiting on this question.....was just a matter of time.
  • Your annual salary covers 365.25 days per year. In other years you benefit as you receive that pay spread over just 365 days. In a leap year it is catch up time.

    Perfect answer thanks, I know someone would be able to clarify this.
  • VfM4meplse
    VfM4meplse Posts: 34,269 Forumite
    10,000 Posts Combo Breaker I've been Money Tipped!
    or will I have just to accept it?
    Go ahead, suck it up and accept it. Just like the millions who would be grateful for paid employment have accepted that it will be slim pickings again this year.
    Value-for-money-for-me-puhleeze!

    "No man is worth, crawling on the earth"- adapted from Bob Crewe and Bob Gaudio

    Hope is not a strategy :D...A child is for life, not just 18 years....Don't get me started on the NHS, because you won't win...I love chaz-ing!
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    SarEl wrote: »
    Un - bel - ieve - able!

    A new standard has been set...
    You have not lived. Everywhere I have worked, this old chestnut comes up regular as clockwork every 4 years.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    You have not lived. Everywhere I have worked, this old chestnut comes up regular as clockwork every 4 years.

    Oh no, what will happen when there's an 8 year gap without the question between 2096 and 2104? :rotfl:
  • For those of us paid daily, we get that extra day pay.... but then we dont get paid for the bank holiday :(
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