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HOLIDAY ENTITLEMENT Guide on Calculating Statutory Holiday Entitlement for Workers November 2019 Crown copyright 2019 This publication is licensed under the terms of the Open Government License v3.0
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01
Step 1: Determine the employee's regular pay rate. This is the amount the employee typically earns per hour or per week.
02
Step 2: Identify the number of hours or days the employee is entitled to for their holiday pay. This information is usually outlined in the employee's contract or company policy.
03
Step 3: Multiply the employee's regular pay rate by the number of hours or days entitled to holiday pay. This will give you the total holiday pay amount.
04
Step 4: Ensure any additional factors, such as overtime or bonuses, are taken into account when calculating the holiday pay.
05
Step 5: Provide the employee with the calculated holiday pay amount, either through direct deposit or a physical paycheck.

Who needs calculating holiday pay for?

01
Employers who have employees.
02
Human resources departments responsible for payroll management.
03
Employees who want to ensure they are receiving the correct amount of holiday pay.
04
Accounting departments involved in payroll calculations.
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Calculating holiday pay is for determining the amount of pay an employee is entitled to receive for holidays they are eligible to take off, ensuring they are compensated fairly for their time away from work.
Employers are required to file calculating holiday pay for their eligible employees who qualify for holiday pay under labor laws.
To fill out calculating holiday pay forms, employers must provide details such as employee hours worked, eligible holidays, and the rate of pay, ensuring all calculations comply with local labor regulations.
The purpose of calculating holiday pay is to ensure that employees are fairly compensated for their time off during recognized holidays, which helps maintain employee satisfaction and adhere to labor laws.
Information that must be reported includes the employee's name, the dates of eligible holidays, hours worked during the holiday period, and the corresponding pay rates.
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