Holiday Pay

Yahoo Archive
1
We just use the standard 8 hours. Not much help to you, but if you had a
program that calculated the pay, maybe you could set the holiday hours at
the most common number (7.2 or whatever) and change all the rest...?

Julie Lehmann
Mercury Minnesota Inc.

----- Original Message -----
From: "sharma_nalini" <sharma_nalini@...>
To: <vantage@yahoogroups.com>
Sent: Thursday, October 28, 2004 4:49 PM
Subject: [Vantage] Holiday Pay


>
>
> HI,
> How do you all calculate holiday pay in Payroll.
> Because according to template you have to set no of hours of all the
> holdays which is 8 hrs.
>
> But actually formula for holiday hrs for hourly employees is
>
> No.of hours they worked in last 4 weeks/20
> Let say working hrs are 8 hrs a day and employee worked 18 days which
> is 144 hrs then his holiday hours will be 144/20 = 7.2 hrs but
> vantage does not calculate the holiday pay that way just use std hrs
> entered in holiday.
>
>
>
>
>
>
>
>
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have already linked your email address to a yahoo id to enable access. )
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2
HI,
How do you all calculate holiday pay in Payroll.
Because according to template you have to set no of hours of all the
holdays which is 8 hrs.

But actually formula for holiday hrs for hourly employees is

No.of hours they worked in last 4 weeks/20
Let say working hrs are 8 hrs a day and employee worked 18 days which
is 144 hrs then his holiday hours will be 144/20 = 7.2 hrs but
vantage does not calculate the holiday pay that way just use std hrs
entered in holiday.