Stat Holiday Ontario 2017 Calculator
Calculate the Statutory Holiday Pay for Ontario employees in 2017 using this official calculator. The Stat Holiday Pay is a legal requirement for employers to pay employees for holidays that fall on a day they would normally work.
How to Use This Calculator
To calculate the Statutory Holiday Pay for an Ontario employee in 2017:
- Enter the employee's hourly wage in the "Hourly Wage" field.
- Select the number of hours the employee would normally work on the holiday from the dropdown menu.
- Click the "Calculate" button to see the result.
The calculator will display the total Statutory Holiday Pay due to the employee.
Formula and Assumptions
Formula
Statutory Holiday Pay = Hourly Wage × Number of Hours Worked
Assumptions
- This calculation is based on Ontario's Statutory Holiday Pay requirements in 2017.
- The calculation assumes the employee would normally work the selected number of hours on the holiday.
- Overtime pay is not included in this calculation.
Worked Example
Let's calculate the Statutory Holiday Pay for an employee who earns $20 per hour and would normally work 8 hours on a holiday.
Using the formula:
Statutory Holiday Pay = $20 × 8 = $160
The employee would be entitled to $160 in Statutory Holiday Pay.
FAQ
What is Statutory Holiday Pay?
Statutory Holiday Pay is a legal requirement for employers to pay employees for holidays that fall on a day they would normally work. It is calculated based on the employee's hourly wage and the number of hours they would normally work on the holiday.
Who is eligible for Statutory Holiday Pay?
Employees who are entitled to a Statutory Holiday under Ontario's Employment Standards Act are eligible for Statutory Holiday Pay.
Is Statutory Holiday Pay taxable?
Yes, Statutory Holiday Pay is taxable income for the employee.
Can employers refuse to pay Statutory Holiday Pay?
No, employers are legally required to pay Statutory Holiday Pay to eligible employees.