How to use this result
Holiday pay can refer to two different things: compensation for hours you worked or a benefit for the holiday itself. Keeping them separate helps avoid counting base pay twice.
If your policy says double time for worked hours, enter 2 as the multiplier. Add benefit hours only if the policy pays those on top of the worked-hours amount. Confirm how holiday premiums interact with overtime before relying on the total.
The formula
Worked example
Using the example inputs loaded above:
$384.00
Total gross holiday compensation.
Common questions
Does 1.5 mean normal pay plus another 1.5?
No. It means 1.5 times the base rate in total. At $30, that is $45 per worked hour.
Is extra holiday pay automatically required?
Federal rules do not create a general double-time requirement for holidays. Your applicable law, agreement, and employer policy determine the benefit.
Assumptions & references
Amounts use USD. Results are planning estimates using your entries, with dollars rounded only for display. Each tool covers the model described here; it does not determine payroll or tax obligations. Read the calculation methodology.
Formula version 1.0 · Reference check: September 7, 2026 · Report a calculation issue