How do I repeat an event monthly and have the event deferred to a Monday if that event falls on a weekend?

For example; a company payed their employees on the 1st of each month. If the 1st falls on a weekend they will be payed on the next following working day. How would I document this event in calendar so that the monthly event recurs without falling on a weekend?

sd,
Choose "repeat" Custom..."Frequency" Monthly "On The" first weekday.

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