Will overtime work on Labor Day 2018 be triple paid? How is overtime pay calculated?

Will overtime work on Labor Day 2018 be triple paid? How is overtime pay calculated?
Introduction: May Day is an important statutory holiday in our country, and some jobs require overtime due to the special nature of the job. So will overtime work on May 1st Labor Day in 2018 be paid triple wages? How is overtime pay calculated on May 1st? May 1st of the Gregorian calendar every year is International Labor Day. Fortune Teller.com’s May 1st Labor Day special topic will answer your questions!

Will overtime work on Labor Day 2018 be triple paid? How is overtime pay calculated?

According to the notice of the General Office of the State Council on the arrangements for some holidays in 2018, Monday, May 1st will be a holiday and will be combined with the weekend.
According to relevant laws and regulations, if an employer arranges employees to work overtime on May 1, the employer should pay overtime wages at a rate not lower than 300% of the employee's daily or hourly wage; if an employer arranges employees to work overtime from April 29 to 30, the employer may choose to arrange compensatory leave for the employees instead of paying overtime wages. If no compensatory leave is given, the employer should pay overtime wages at a rate not lower than 200% of the employee's daily or hourly wage.
When calculating overtime pay, the daily wage is calculated based on the average monthly paid days of 21.75 days, and the hourly wage is calculated by dividing the extra 8 hours by the daily wage. When determining the calculation base for overtime pay, if the labor contract has clear provisions on wages, it shall be determined based on a wage standard that is no lower than the corresponding wage standard for the worker's position. If the labor contract does not have clear provisions on wages, the collective contract shall apply. If there is no agreement between the employer and the employee, the wages shall be determined based on 70% of the employee's normal monthly salary for normal attendance at his or her position.
Will overtime work on May 1st be triple paid?
2018 May Day holiday arrangement: Labor Day will be a holiday on May 1st, which will be combined with the weekend. Overtime pay will be tripled on May 1st.
According to the relevant regulations of the May Day holiday:
If an employer arranges workers to work overtime on May 1, it shall pay overtime wages at a rate not less than 300% of the worker's daily or hourly wage;
If an employer arranges employees to work overtime on April 30 or May 2, the employer may choose to arrange compensatory leave for the employees instead of paying 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.
Three types of people are not allowed to work overtime during the May Day holiday
Employers cannot force employees to work overtime, and have no right to deduct wages. If the employer fails to consult with employees and the trade union in advance or the overtime work arranged by the employer violates the relevant provisions of labor laws and regulations, employees have the right to refuse overtime work. Employees shall not be arranged to work overtime if the following circumstances occur at the same time:
1. The working hours of pregnant female employees should not be extended;
2. If a female employee is pregnant for more than 7 months, the employer cannot arrange for her to work overtime;
3. Employers cannot arrange overtime for female employees during their breastfeeding period.
Summary: The above content is about [Will overtime work on May 1st Labor Day in 2018 be triple paid? How to calculate overtime wages on May 1st? 】Problem analysis, hope it can help everyone!

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