How to calculate overtime pay on the same day of Mid-Autumn Festival and National Day in 2020? Does it mean six times the salary?
Many friends in certain positions need to work overtime during the Mid-Autumn Festival and National Day and cannot go home. So, let’s take a look at how to calculate overtime pay on the same day of the Mid-Autumn Festival and National Day in 2020? Does it mean six times the salary? Autumn is the season of harvest. As the eighth month of the lunar calendar arrives, the autumn atmosphere gradually becomes stronger. In such a beautiful season, Shuimoxiansheng.com will accompany you through every day of the eighth lunar month of 2020.How to calculate overtime pay on the same day of Mid-Autumn Festival and National Day in 2020? Does it mean six times the salary?It is counted as three times the salary, not six times the salary.Although the Mid-Autumn Festival and National Day overlap in 2020, overtime pay is still calculated as triple wages instead of six times wages. The human resources and social security department stated that overtime pay during the National Day and Mid-Autumn Festival will still be three times the salary and will not be added up. If the statutory holiday is postponed by one day, the overtime pay will be triple the salary, not six times the salary as netizens guessed (that is to say, even if the Mid-Autumn Festival and National Day in 2020 are on the same day, the overtime pay will not be added up, only three times the overtime pay). Therefore, the Mid-Autumn Festival and National Day holidays in 2020 will be postponed, and overtime pay will be calculated at no less than 300% of the salary. Since the Mid-Autumn Festival was designated as a statutory holiday, there has not been a situation where National Day coincides with the Mid-Autumn Festival. Referring to the legal provisions on the coincidence of statutory holidays and rest days, the holiday should be postponed accordingly. If an employer arranges work for a worker, it shall still pay wages at a rate not lower than 300% of the wage standard stipulated in the labor contract. Therefore, on the same day of Mid-Autumn Festival and National Day in 2020, overtime pay will be triple instead of six times. How to calculate overtime pay for Mid-Autumn Festival and National Day in 2020?The 2020 Mid-Autumn Festival and National Day holidays are divided into two categories. One is statutory holidays and the other is rest days. Overtime work on statutory holidays is paid at triple rate, while overtime work on rest days is paid at double rate.Therefore, the calculation methods for overtime pay during this year's long holidays are: Overtime pay for statutory holidays = monthly wage base ÷ 21.75 days × 300% × number of overtime days; Overtime pay for rest days = monthly wage base ÷ 21.75 days × 200% × number of overtime days. In which years does Mid-Autumn Festival and National Day fall on the same day?The years that have overlapped are 1944, 1963, 1982, and 2001. The last time the Mid-Autumn Festival and National Day fell on the same day was in 2001. The National Day in 2001 was October 1st, which corresponded to August 15th in the lunar calendar, which happened to be the same day as the Mid-Autumn Festival.The next time the Mid-Autumn Festival and National Day fall on the same day will be in 2020, and the next time will be in 2031. Want to know your destiny? Click on the following exquisite calculation to predict your destiny. |
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