Calculate Holiday Pay Rate

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Holiday Pay Rate Calculator

Your Holiday Pay:

Understanding Holiday Pay

Calculating holiday pay correctly ensures employees are compensated fairly for working on public holidays. Different countries and companies have various policies regarding holiday pay, but a common method involves a multiplier of the employee's regular hourly rate.

How it Works:

  • Regular Hourly Rate: This is the standard amount an employee earns for each hour worked outside of a holiday.
  • Hours Worked on Holiday: This is the total number of hours the employee actually worked on the designated public holiday.
  • Holiday Pay Multiplier: This factor determines how much extra an employee receives on top of their regular rate. A multiplier of 1.5 means time-and-a-half, while a multiplier of 2 means double time. Some policies might offer a flat rate or a different calculation altogether.

The Calculation:

The holiday pay is typically calculated as follows:

Holiday Pay = (Regular Hourly Rate * Holiday Hours Worked) * Holiday Pay Multiplier

This calculator will determine the total amount you should receive for your work on the holiday based on the figures you provide.

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