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Wall Street Journal complains about workers using their sick days
(boingboing.net)
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this post was submitted on 21 Oct 2023
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Overtime is 1.5x the hourly wage in the U.S. This is federal law.
Holiday pay is usually 2-2.5x the hourly wage if the company requires people to work on set holidays. If it's a day off, then it's paid as PTO. This is not required by federal law but some states have requirements.
Shitty companies that view employees as costs, don't pay Holiday pay. Around 20% of the workforce.
Good companies that view employees as assets have policies to keep employees. Like my companies most recent e-mail about the holiday schedule.
Fo some reason have zero issues with recruiting good staff and keeping them.
Here regular overtime is at least 1.5x for under 2 hours, 2x for over.
Holiday time paid at least 2x or 1x if employee chooses to add day to PTO(which in practice I never heard anyone did).
Both are in federal law too.
Huh. I always assumed holiday pay was also 1.5x. I haven't had many chances to earn it. I'm pretty sure it was at my last job. I haven't found out about my current job yet.
In the US for every employer I've seen, holiday pay is usually 8 hours of straight time (assuming you have an 8 hour shift) plus 1.5x for the hours you worked. So if you worked your normal 8 hour shift you get 2.5x pay. But it's not. If you worked less then 8 you get 8 hours straight plus 1.5x the hours you worked. It's also common that if you worked 40 hours before the holiday that straight time becomes overtime. Usually only applies to Thanksgiving/black friday. And occasionally Christmas when it falls towards the end of the week.
Needless to say this varies among employers. If you have a union you likely get double or even triple time for hours worked on a holiday, but likely still the same straight time pay for the day itself. Legally the company doesn't have to pay anything extra for holidays for time not worked.