What is holiday pay?
Holiday pay is compensation for a holiday, either as paid time off, pay for working on a holiday, or premium pay such as time-and-a-half or double time depending on policy, contract, or local rules.
How do I calculate time-and-a-half for a holiday?
Multiply the regular hourly rate by 1.5, then multiply that holiday rate by the holiday hours. For example, $30 per hour at time-and-a-half is $45 per holiday hour.
Is holiday pay required by federal law?
Federal law generally does not require private employers to provide paid holidays or premium holiday pay. Requirements can come from state law, employer policy, contracts, or collective bargaining agreements.
Does holiday pay count as overtime?
Holiday pay and overtime are separate concepts. Hours actually worked can affect overtime, while paid holiday time that was not worked may be treated differently by policy or law.
Can household employers use this calculator?
Yes. Families can use it to estimate caregiver holiday pay before confirming the exact holiday policy and payroll treatment with their payroll provider.