One of my worker worked on 1st May… Since it is an National Holiday, we are calculating that day as Over Time and also paying regular wages for that day…
For example triple wages for that day. Is it correct or we will have to pay only double the wages for that day?
Except for 26 Jan, 15 Aug, Oct 2nd, if any other days employee works in company, company has reserve rights to provide OT & Compensatory as per their internal policies.
Holidays - Every employee in an establishment shall be allowed:-
(a) a holiday with wages on the Independence Day, Republic Day, and Mahatma Gandhi’s birthday; and
(b) five other holidays with wagesin a year in connection with such festivals as Government may declare from time to time by
notification.
Provided that an employee required to work on any such holiday shall be paid remuneration at double the rate of his normal wages calculated by the hour.
Pay double wages if you compensate the day and triple if not compensating. Normally the employee gets two facilities as the day off and salary for that. When he works you have to provide three facilities- that is the theory.
Thank you