Statutory Holiday Pay Calculator Ontario
Calculate your statutory holiday pay in Ontario with our easy-to-use calculator. Understand how holiday pay is determined based on your regular wages and the number of holiday pay periods you've worked.
How to Calculate Statutory Holiday Pay in Ontario
Statutory holiday pay in Ontario is calculated based on your regular wages and the number of holiday pay periods you've worked. The Ontario Employment Standards Act requires employers to pay non-exempt employees their regular wages for each holiday pay period they've worked.
Steps to Calculate Holiday Pay
- Determine your regular hourly wage or daily rate
- Count the number of holiday pay periods you've worked
- Multiply your regular wage by the number of holiday pay periods
- Add any additional holiday pay if applicable
Note: Exempt employees (such as professional, administrative, and technical employees) are not entitled to statutory holiday pay.
Formula for Holiday Pay Calculation
The basic formula for calculating statutory holiday pay in Ontario is:
Holiday Pay = (Regular Hourly Wage × Number of Holiday Pay Periods) + Additional Holiday Pay
Where:
- Regular Hourly Wage = Your regular hourly wage or daily rate
- Number of Holiday Pay Periods = The number of holiday pay periods you've worked
- Additional Holiday Pay = Any additional holiday pay you're entitled to (such as for working on a holiday)
For employees who work a daily rate, you can use this alternative formula:
Holiday Pay = (Daily Rate × Number of Holiday Pay Periods) + Additional Holiday Pay
Examples of Holiday Pay Calculations
Let's look at two examples to illustrate how holiday pay is calculated in Ontario.
Example 1: Hourly Wage Employee
John works at a retail store and earns $15 per hour. He has worked 5 holiday pay periods. He is not entitled to any additional holiday pay.
Holiday Pay = ($15/hour × 5 periods) + $0 = $75
John is entitled to $75 in statutory holiday pay.
Example 2: Daily Rate Employee
Sarah works as a nurse and earns $300 per day. She has worked 3 holiday pay periods and is entitled to an additional $50 for working on a holiday.
Holiday Pay = ($300/day × 3 periods) + $50 = $950
Sarah is entitled to $950 in statutory holiday pay.
Frequently Asked Questions
- Who is entitled to statutory holiday pay in Ontario?
- Non-exempt employees who have worked at least one holiday pay period are entitled to statutory holiday pay.
- How is the number of holiday pay periods determined?
- The number of holiday pay periods is determined by the number of days the employee has worked during the holiday pay period.
- What happens if an employee works on a holiday?
- Employees who work on a holiday may be entitled to additional holiday pay equal to their regular wages for that day.
- Is statutory holiday pay taxable?
- Yes, statutory holiday pay is taxable income and must be reported on the employee's tax return.
- What if an employee is paid a different rate on holidays?
- If an employee is paid a different rate on holidays, that rate should be used to calculate holiday pay instead of the regular wage.