How is statutory holiday pay calculated?

Statutory holiday pay is calculated as 1/20 of the wages earned during the four complete weeks of pay before the week of the holiday, excluding overtime. For employees paid by commission, statutory holiday pay is 1/60 of the wages earned during the 12 complete weeks of pay before the week of the holiday.

How much do you get paid for stat holidays in BC?

Employees are paid time-and-a-half for hours worked on a statutory holiday – double-time for hours worked over 12 hours. If an employee doesn’t qualify for statutory holiday pay, they get regular pay for working on a statutory holiday.

Do I qualify for stat holiday pay BC?

In BC, employees are eligible for stat holiday pay if they have been employed for 30 calendar days and have worked, or had earnings, on 15 of the 30 days before the stat holiday. Eligible employees who are not required to work on a stat must be paid at least an average day’s pay.

How much do you get paid for statutory holidays?

Casual employees who work on a public holiday are to be paid at the rate of double time and three quarters (275%) of the ordinary/base rate of pay, with a minimum of two hours at that rate.

How to calculate holiday pay?

Calculating annual holiday payment rates.

How do you calculate stat holiday pay?

To calculate holiday pay under the new rules, you add up the number of hours your employee has worked in the previous four-week period and you divide that by the number of days they’ve worked. Then, you pay holiday pay based on that number of hours.

Do you get paid extra for working on a holiday?

Employers are not required to pay extra (over and above your normal rate) for working on a holiday unless you have a contract that stipulates holiday pay. Companies aren’t required to give you the holiday off from work either. In general, if you are a salaried worker, you will not receive extra pay or overtime for working on a holiday.

What is stat holiday pay?

Statutory holiday pay rates refer to an employee’s wage and entitlements when they have to work on public holidays. Vacation pay refers to annual leave when employees are paid but not working. Here’s a guide, by alphabetical jurisdiction, to the rules if you’re staying open on holidays and you have hourly employees.