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The rules basically are that if a holiday falls on an employee's day off, then the day to be taken off, known as an 'in lieu of day,' is the day immediately before the employee's day off on which the holiday falls.
Thus, an employee on a 4-day workweek would receive 10 hours' holiday pay, and holidays occurring on an employee's nonworkday would be observed on the workday preceeding or succeeding that day.
If a staff member is working a compressed work schedule with four ten-hour workdays, a holiday or single PTO day applies to eight of the ten hours of the compressed work day.
Straight time is calculated by multiplying the hourly base rate by the total number of hours worked. Shift premium pay is calculated by multiplying the shift premium rate by the number of hours worked on that shift.
In lieu is a French expression meaning instead of. It refers to the paid time-off work employees receive instead of getting paid for additional hours worked above their normal contracted working week. In this way, it can be seen as an added vacation on top of the vacation days included in an employee's contract.
The most common compressed work arrangement type is a 4/10 schedule, which means an employee works four 10-hour days (Monday through Thursday), with Friday, Saturday, and Sunday off. You'll also hear this arrangement referred to as a four-day workweek.
CalculationsCalculate the employees PAYG for the week just worked.Calculate gross holiday pay by multiplying the number of weeks leave by the normal weekly pay. (Calculate leave loading if applicable by multiplying gross holiday pay by 17.5%. (More items...
Holiday premium pay is equal to an employee's rate of basic pay. Employees who are required to work on a holiday receive their rate of basic pay, plus holiday premium pay, for each hour of holiday worki.e., double or 200 percent of their rate of basic pay.
How to Manage Employees' Holiday Schedules Without Going NutsSet an early deadline for vacation requests.Create blackout dates.Get employee scheduling software.Split up responsibilities.Make scheduling policies clear before hiring seasonal employees.Allow employees to work from home.More items...?
A 4/10 work schedule is when an employee works four, 10-hour days and then gets three days off each week. You might also hear this referred to as a four-day workweek or a compressed workweek. That's because the standard workweek is often considered to be eight-hour days, five days per weekfor a total of 40 hours.