Statutory vs. Designated Holidays
Statutory holidays (required by law) and designated holidays (set by company policy) have different overtime premium rates.
【Statutory holiday】At least 1 day per week (or 4 per 4 weeks) required by law. Premium: 35% above base wage (×1.35).
【Designated holiday】Additional rest days set by company policy (e.g., Saturdays, public holidays). Premium: typically 25% (×1.25).
【Substitute day off vs. compensatory leave】
· Substitute: another day is designated as a holiday before the holiday work → no premium required
· Compensatory: taken after working the holiday → holiday premium still applies
WorkVell differentiates both holiday types in shift settings and calculates premiums automatically.
예시
Sunday work (statutory) → 35% premium. Saturday work (designated) → 25% premium
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