Statutory holiday pay compensates employees for public holidays. In Ontario, employees are entitled to nine public holidays, including New Year’s Day, Canada Day, and Christmas Day. To calculate statutory holiday pay, divide the employee’s regular wages earned in the four weeks prior to the holiday by the total days worked.

Employees must meet eligibility criteria, including working their scheduled shift before and after the holiday, unless they have a valid reason. If an employee works on a statutory holiday, they are entitled to premium pay (1.5 times their regular rate) plus an alternative day off with holiday pay.