
Are you getting paid for an extra day of work on Feb. 29?
BNN Bloomberg
This leap year, some financial experts say they're seeing an unexpected trend: employees asking if they get paid for working on Feb. 29.
Every four years, the calendar gains a day to sync up with the Earth's movement around the sun. Yet inquiries about what it means for paycheques hasn't previously been noticeable.
"This is one of the first times that we've seen a lot of interest around this topic and questions of 'Am I working for free on the 29th?'" said Brittany Taylor, an employment lawyer and partner with Rudner Law in the Greater Toronto Area.
She speculates increased awareness of employment rights might be behind the leap day payroll chatter. The last leap year was in 2020 and arrived just before the COVID-19 pandemic transformed the way many people think about work.

A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays out?

Oil tankers are crossing the Strait of Hormuz and Iran’s actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser Kevin Hassett told CNBC on Tuesday, reiterating the Trump administration’s position that the war should be over in weeks, not months.











