Leap year! How to handle 27 biweekly payrolls in 2020
Business Management Daily
DECEMBER 1, 2019
Only exempts and salaried nonexempts feel the full brunt of the 27th/53rd pay period phenomenon, because they’re paid annual salaries. You have three choices for your exempts and salaried nonexempts, but no choice is trouble-free. For the year the extra pay period occurs, divide employees’ salary by 53 or 27. Do nothing.
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