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Stressed Out About Holiday Pay Calculations? Relax, We’ve Got You Covered

June 29th, 2016 | Posted by Apex Time Solutions in Benefit Accruals | Employee Time and Attendance | Time and Attendance Blog, Workforce Management Software | Time and Attendance Canada

Canada Day, July 1st is federally recognized holiday-and businesses who are using, manual time sheets will be scrambling to figure out how to best apply these rules. For example, if an employee is schedule to work a shift that overlaps the statutory holiday boundary, how will holiday pay be calculated? Additionally, if the holiday is paid and the employee works, how is the employee compensated for the hours worked? If you are using a spreadsheet to figure this out, you will likely end up with a headache.

If you are ATS customer, your time and attendance is designed and configured to comply with the Province, Region, State and/or local area in which your company resides. Additionally, the system will pay employees overtime and holiday hours based on criteria-and yes, it’s an automatic process. For example, if you are using ATS TimeWork OnDemand go to Apply Holiday Calculation” tab and follow the instructions.  In fact, you can set this in advance so, that the system is triggered to apply the holiday rule payment to employees who meets the criteria for statutory holiday pay. In other words, you do not have to be stuck in your office figuring how to pay employees for statutory holiday. Instead, you should be relaxing somewhere on Canada Day. After all, that’s what holidays are for.

Stress Out About Paying Employee Holiday Hours? Relax, We’ve Got You Covered

If your time tracking is not automated and you are using a spreadsheet to assign holiday hours be sure to check out the website of your regional or federal government for additional information. And, last but not least, some industries have employee-employer contracts with provisions and exemptions for holiday pay so some of these may or may not apply.

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Disclaimer: The laws of your province, region and state might be different. If you are considering adopting or changing a holiday pay policy in your organization, or have questions about how your employees are being paid for holidays and other days off, it is wise to consult with counsel or check the website of the jurisdiction in which your company operates.

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