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This question is about salaries.
How do you calculate holiday pay?
To calculate holiday pay, you should multiply your hourly pay by time and a half to determine your total pay. Most companies' holiday pay works like overtime pay in that it is 1.5 times the hourly pay they give employees. Here are the steps to calculate holiday pay.
To calculate holiday pay, you should determine your holiday hours (the number of hours you have worked on the specific holiday) and then figure out your normal pay rate for that day. Once you have that figure, then multiply it by 1.5.
Time and a half is the most common rate for holiday pay. However, it can vary depending on the company you work for. You should ask your employer what their holiday pay rate is for accuracy. Once they have given you the pay rate, you can multiply that by the number of hours you worked on the holiday to get your holiday pay.
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