This should work as far as processing the pay. Deductions may vary because the amounts paid on each cheque are very different. You are very wise to not create an extra pay period as that really can cause havoc with deductions.

Is this really a gap in the pay or was the pay initially set up to hold back a pay period. The hold back is not uncommon and it gives the pay processor a chance to get everything completed before cutting the cheques. Just a thought.