How to calculate the overtime pay for the Spring Festival constellation _ Calculation of overtime pay for the Spring Festival

How much is the overtime pay for three days in the Spring Festival in 2024?

The first to third day of the Spring Festival in 2024 is three times overtime pay.

The Spring Festival in 2024 will be closed for 8 days from February 10 to February 17. Go to work on February 4th (Sunday) and February18th (Sunday). Encourage all units to implement the paid annual leave system and arrange employees to rest on New Year's Eve (February 9). Overtime pay from the first day to the third day (3 days) of the first lunar month is calculated at 300% of the overtime pay on legal holidays.

Overtime pay from the fourth day to the eighth day is calculated as 200% of overtime pay on rest days. According to Article 13 of the Interim Provisions on Wage Payment, if the employer arranges the laborer to work outside the statutory standard working hours according to the actual needs after the laborer completes the labor quota or the specified work tasks, the employer shall pay the salary according to the following standards.

Relevant regulations

According to the relevant provisions of the Labor Law, if the employer arranges the laborer to extend his working hours beyond the statutory standard working hours, he shall pay the laborer no less than 150% of the hourly wage standard agreed in the labor contract. If the employing unit arranges workers to work on rest days according to law, but can't arrange compensatory time off, it shall pay the workers' wages at least 200% of the daily or hourly wage standard agreed in the labor contract.

Where the employing unit arranges laborers to work on legal holidays according to law, it shall pay laborers no less than 300% of the daily or hourly wage standard agreed in the labor contract. Workers who implement piece-rate wages shall, after completing the task of piece-rate quota, be paid by the employing unit according to the above principles, respectively, according to 150%, 200% and 300% of the piece-rate price of their statutory working hours.

The above contents refer to Baidu Encyclopedia-Labor Law.