PaycheckNews

Holiday Pay Calculator

Many employers pay a premium for working a holiday — commonly time and a half (1.5×) or double time (2×). Enter your rate, the hours you work on the holiday, and your employer's premium to see what the day pays and how much of it is the premium on top of straight time.

Worked example

At $20/hr working 8 holiday hours at 1.5×: your holiday rate is $20 × 1.5 = $30/hr, the day pays $240, and $80 of that is the premium on top of the $160 straight-time pay.

Formula

Holiday pay = hourly rate × premium multiplier × holiday hours worked. Premium extra = hourly rate × (multiplier − 1) × holiday hours.

FAQ

Does my employer have to pay extra for holiday work? Not under federal law — the FLSA does not require premium pay for holidays; holiday premiums (and paid holidays off) are set by employer policy, a union contract, or in a few cases state law. Check your handbook for your multiplier.

What if the holiday is a paid day off instead? Then you normally receive your straight-time rate for your scheduled hours without working — for 8 hours at $20/hr, that is $160 of paid time off, with no premium.

Related calculators

Time and a Half Calculator · Overtime Pay Calculator · Double Time Calculator · Hourly to Salary Calculator