PhoenixAsh
24th February 2012, 06:55
Awesome.
Never realised this. Wage is calculated based on a year of 365 days. In a leap year there is a day extra. Basically meaning you work an extra day for the same salary as any other year.
Apparantly this saves employers a whopping 100 million in wage costs every leap year....and that is offcourse not calculating the actual production income for some of them.
Now...workers who get paid by the hour or on the basis of projects do not suffer the same faith. But contract workers do.
It now turns out 17% of the workers...when questioned want to take action to get an extra days pay.
So how does this work in your country?
Never realised this. Wage is calculated based on a year of 365 days. In a leap year there is a day extra. Basically meaning you work an extra day for the same salary as any other year.
Apparantly this saves employers a whopping 100 million in wage costs every leap year....and that is offcourse not calculating the actual production income for some of them.
Now...workers who get paid by the hour or on the basis of projects do not suffer the same faith. But contract workers do.
It now turns out 17% of the workers...when questioned want to take action to get an extra days pay.
So how does this work in your country?