Everything You Need to Know About Saskatchewan Statutory Holiday

If you haven’t noticed already, different provinces have different statutory holiday rules!  In Saskatchewan, everyone is eligible for general holiday pay! The following holidays are observed as statutory holidays:

  • New Year’s Day
  • Family Day
  • Good Friday
  • Victoria Day
  • Canada Day
  • Saskatchewan Day
  • Labour Day
  • Thanksgiving Day
  • Remembrance Day
  • Christmas Day

 


Stat Pay Calculation

Stat holiday is calculated by 5% of an employees wage, excluding overtime pay, bonuses, and tips, earned in the four week period (28 days)  prior to the holiday.

Again, all employees are eligible for stat pay even if they don’t work the holiday. However, their statutory holiday pay must be paid in the same pay period that the holiday lands in.

The equation for regular stat holiday pay is:

  • Total wages x 5 percent(0.05) = stat holiday pay.

An employee’s total wage refers to:

  • an employee’s salary, commission, and any other form of monetary compensation, work or services, including previous stat pay, vacation pay (if they have taken a vacation 4 weeks prior to the stat holiday) and pay instead of notice.

Here’s an example:

  • Joe earns a regular wage of  $500 per week. He also makes $200 in commission, and takes a paid one week vacation of $500. He does not work the holiday, but the holiday falls within the same pay period.

To calculate his earnings:

  • ($500 + $200 +  $500) x 5 percent (0.05) = $60 in stat holiday pay.

All employees, including managers, who work on a public holiday, are entitled to both regular holiday pay and a premium holiday pay.

The equation for premium statutory holiday pay is:

  • Hourly wage  x 1.5 = premium stat pay*

Here’s an example:

  • John works an 8 hour shift on Victoria Day. He has an hourly wage of $12/hour, and in the last 4 weeks he’s earned $1,920.

For his stat holiday pay, he will receive:

  •  $1,920 (total wage) x 5 percent (0.05) = $96 in stat holiday pay.

In addition, to his regular stat pay, the premium stat pay he’ll receive is:

  • ($12 x 8) x 1.5 = $144

In total, John earns:

  • $96 regular stat pay + $144 premium stat pay = $240

Though Saskatchewan employers can skip through the step of filtering through which employees are eligible for statutory holiday pay, it’s only half the battle of calculating statutory holiday pay. The act in itself is tedious and time consuming and can often cost business thousands in errors.

Investing in a third party payroll provider can seem daunting, but in the long run, automating payroll not only eliminates human error and unnecessary costs but it also gives you peace of mind.


For further information on automating stat holiday calculations, Download our handy guide on Canadian stat holiday calculations below!

Download the Guide


Categories: Holiday Payroll Rules