Stat Pay Calculator Ontario 2018
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Reviewed by Calculator Editorial Team
Use this Stat Pay calculator to determine your Ontario Stat Pay for 2018. Stat Pay is a payment made to Ontario teachers and other public sector employees who are on strike or who have been absent from work due to a strike.
What is Stat Pay?
Stat Pay, short for "Strike Attendance Pay," is a payment made to eligible Ontario public sector employees who are on strike or who have been absent from work due to a strike. The purpose of Stat Pay is to compensate employees for lost wages during a strike while ensuring they continue to receive their regular pay.
Stat Pay is calculated based on an employee's regular salary and the number of days they were absent from work due to a strike. The calculation takes into account the employee's seniority and the length of the strike.
How to Calculate Stat Pay
To calculate Stat Pay, you need to know your regular salary and the number of days you were absent from work due to a strike. The Stat Pay is calculated by multiplying your regular daily salary by the number of days you were absent.
For example, if you earn $50 per day and were absent for 5 days, your Stat Pay would be $250. However, the actual calculation may be more complex depending on your seniority and the length of the strike.
Formula
Stat Pay = Regular Daily Salary × Number of Strike Days
Where:
- Regular Daily Salary is your regular salary divided by the number of working days in a year (typically 260 days).
- Number of Strike Days is the number of days you were absent from work due to a strike.
The formula above is a simplified version of the Stat Pay calculation. The actual calculation may vary depending on your seniority and the length of the strike.
Example Calculation
Let's say you earn $60,000 per year and were absent from work for 5 days due to a strike. Your regular daily salary would be:
Regular Daily Salary = $60,000 ÷ 260 days = $230.77 per day
Your Stat Pay would be:
Stat Pay = $230.77 × 5 days = $1,153.85
So, your Stat Pay for the 5 days of absence would be $1,153.85.
Frequently Asked Questions
Who is eligible for Stat Pay?
Eligible employees include Ontario public sector employees who are on strike or who have been absent from work due to a strike.
How is Stat Pay calculated?
Stat Pay is calculated based on an employee's regular salary and the number of days they were absent from work due to a strike. The calculation takes into account the employee's seniority and the length of the strike.
When is Stat Pay paid?
Stat Pay is typically paid in installments after the strike has ended and the employer has approved the payment.