How many days will you receive triple salary during the Dragon Boat Festival in 2020? How to calculate the third salary in 2020?
How many days will there be triple wages during the Dragon Boat Festival in 2020? Although the national holidays are all holidays, some companies do need people to stay at their posts during the holidays. Then these people who stay at their posts need to have higher pay. Let's see how many days will there be triple wages during the Dragon Boat Festival in 2020? How to calculate the third salary in 2020? According to the 24 solar terms, the fifth month of the lunar calendar is the middle of summer, so May is called "midsummer" or "midsummer". If you want to know more about the fifth month of the lunar calendar in 2020, please follow Mr. Shui Mo's website!How many days will you receive triple salary during the Dragon Boat Festival in 2020?The Dragon Boat Festival holiday is three days, from June 25th to June 27th. June 25th is a statutory holiday, so overtime pay is triple, and June 26th and 27th are double.How to calculate the third salary in 2020?The Ministry of Labor and Social Security issued a notice on January 10, 2008, according to which, in accordance with the latest national holiday regulations for annual festivals and memorial days, the holiday period was increased from 10 days to 11 days, and the average number of working days for employees throughout the year and the wage conversion method were adjusted respectively. This adjustment is the first time that "monthly paid days" (21.75 days) are used instead of the previous "monthly working days" (20.92 days) to calculate the overtime pay base. Therefore, workers' overtime pay on holidays is slightly reduced compared with before.(I) Wages payable <br /> On January 10, 2008, the Ministry of Labor and Social Security issued the "Notice on the Conversion of the Average Monthly Working Hours and Wages of Employees". According to the provisions of the "National Holiday and Memorial Day Holiday Measures", the statutory working hours of employees (i.e. the total number of days in the year minus rest days and statutory holidays) were reduced from 251 days to 250 days, and the monthly working days were adjusted from 20.92 days to 20.83 days. The Notice also proposed for the first time the concept of "monthly paid days" to calculate daily wages and hourly wages. The so-called triple pay for overtime work on holidays and double pay for overtime work on public holidays are calculated based on daily wages and hourly wages. The Notice clearly points out that according to Article 51 of the Labor Law, employers must pay wages on statutory holidays in accordance with the law. That is to say, employees should be paid even if they do not work on the 11 holidays. Excluding the 104 weekends that are not paid, the number of paid days per month should be (365-104)/12, or 21.75 days. The daily wage level is then calculated by dividing the monthly wage income by 21.75. Taking Beijing’s average monthly wage of 3,008 yuan as an example, workers’ overtime work on holidays should be paid triple or double wages based on 138.3 yuan. (II) Salaried Days <br /> Regarding the question of whether an extra day of holidays will affect overtime pay, a lawyer from a Beijing law firm confirmed that "The Notice clarifies a concept, namely 'monthly paid days'. Overtime pay should be calculated based on this, and the monthly paid days are only related to weekends, not statutory holidays, so it has no impact on overtime pay." Therefore, in the sense of the newly added "monthly paid days", overtime pay is indeed less than before when it was calculated based on "monthly working days", but no matter how many days the statutory holidays are increased in the future, it will have no impact on overtime pay. Overtime pay calculation standards: Statutory holidays: overtime pay shall be paid at a rate not lower than 300% of the employee’s average daily wage or hourly wage in the previous month. Public holidays: overtime pay shall be paid at a rate not lower than 200% of the employee’s average daily wage or hourly wage in the previous month. According to the standards, overtime pay on June 25 shall be paid at a rate not lower than 300% of the employee’s daily or hourly wage, and shall not be replaced by compensatory leave, etc. June 26 and June 27 are rest days. Employers who arrange overtime work for employees on rest days can arrange compensatory leave for the employees, but do not need to pay overtime wages. If no compensatory leave is given, overtime wages should be paid at a rate not less than 200% of the employee's daily or hourly wage. |
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