Statutory Holiday Pay Calculator Ontario 2023
Calculate your statutory holiday pay in Ontario for 2023 with this easy-to-use calculator. Understand how holiday pay is calculated based on your regular wages and the number of holiday days you worked.
How to Use This Calculator
Using this calculator is simple:
- Enter your regular hourly wage or annual salary
- Select whether you want to calculate based on hourly wage or annual salary
- Enter the number of holiday days you worked
- Click "Calculate" to see your statutory holiday pay
The calculator will show you the total holiday pay you're entitled to, broken down by day if you worked multiple holidays.
How Statutory Holiday Pay Works in Ontario
In Ontario, employees are entitled to paid holidays under the Employment Standards Act, 2000. The amount of holiday pay you receive depends on your regular wages and the number of holiday days you worked.
The calculation is based on your regular hourly wage or annual salary. For hourly workers, holiday pay is calculated at 1.5 times your regular hourly rate. For salaried workers, holiday pay is calculated as a prorated portion of your annual salary based on the number of holiday days worked.
Note: The exact calculation method may vary slightly depending on your employment contract and collective agreement. This calculator provides a general estimate based on standard Ontario labor laws.
Formula Used
The statutory holiday pay is calculated using the following formulas:
Where:
- Hourly Wage = Your regular hourly wage
- Annual Salary = Your total annual salary
- Number of Holiday Days = The number of holiday days you worked
Worked Examples
Example 1: Hourly Worker
John works 40 hours per week at $20 per hour. He worked 2 holiday days. What is his statutory holiday pay?
John's statutory holiday pay would be $60.
Example 2: Salaried Worker
Sarah earns $52,000 per year. She worked 3 holiday days. What is her statutory holiday pay?
Sarah's statutory holiday pay would be approximately $3,000.
Frequently Asked Questions
- What holidays are covered by statutory holiday pay in Ontario?
- Statutory holiday pay covers Canada Day, Family Day, Victoria Day, Civic Holiday, Labour Day, Thanksgiving Day, and Christmas Day.
- Do I get paid for holidays I don't work?
- No, statutory holiday pay is only for days you actually work. If you don't work on a holiday, you don't receive holiday pay for that day.
- Is statutory holiday pay taxable?
- Yes, statutory holiday pay is taxable income. It should be included in your taxable earnings for the year.
- Can my employer deny me holiday pay?
- No, under Ontario's Employment Standards Act, employers must pay statutory holiday pay to eligible employees.
- What if I worked extra hours on a holiday?
- Extra hours worked on a holiday are paid at your regular overtime rate, not the holiday premium rate.