February 29: All Work and No Pay

By one calculation, President Obama should get more than $1,500 extra dollars in pay this year.

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Leap Year brings an extra day to get things done, try something new, and work for free.

While hourly workers are given an extra day for earnings this year, salaried workers will get the same pay as a regular, 365-day year.

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So how much money are salaried American workers missing out on when they put in that extra shift?

There are 261 weekdays in 2012 with the inclusion of Leap Day. (There are also holidays, but many companies consider those "paid" holidays, and some workers have to work those days, anyway.) So, for example, dividing a reporter's average yearly salary of $43,780 by 260 (Leap Day minus one) reveals that an extra day of that reporter's work is worth $168 extra dollars. That reporter's editor, meanwhile, is missing out on $228 extra dollars this year, given an average salary of $59,340.

In contrast, bigwigs like New York City Mayor Michael Bloomberg and Whole Foods CEO John Mackey are owed an extra 0.4 cents since they only accept annual salaries of $1.

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Below is a list of workers and, if salaried on an annual basis, how much they are missing out on due to Leap Day:

Secretaries and administrative assistants (excluding legal, medical, and executive): $123

Reporter: $168

Clergy: $186

High school teacher (except special and career/technical education): $215

Editor: $228

Registered nurse: $260

Network and computer systems administrator: $278

Airline pilot: $443

Doctor (general practitioner): $669

Supreme Court Justice Ruth Bader Ginsburg: $823

Speaker of the House John Boehner: $860

Surgeon: $867

President Obama: $1,538

Lloyd Blankfein, CEO of Goldman Sachs: $7,692 (reflects 2011 $2 million base salary only, not total $9 million disclosed 2011 pay package)

Sources: Bureau of Labor Statistics National Occupational Employment and Wage Estimates (May 2010); Congressional Research Service; Federal Judicial Center; New York Times

Twitter: @titonka