Public Holiday Pay Formula:
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Public holiday pay calculation in Malaysia determines the compensation employees receive for working on public holidays, based on their monthly rate and any applicable overtime hours.
The calculator uses the standard formula:
Where:
Explanation: The calculation provides double the daily rate for public holiday work, plus any additional overtime compensation.
Details: Accurate public holiday pay calculation ensures compliance with Malaysian labor laws and fair compensation for employees working during holidays.
Tips: Enter monthly salary in MYR. For overtime calculation, provide both overtime hours and hourly rate. All values must be valid positive numbers.
Q1: Why divide by 26 days?
A: 26 represents the average number of working days per month in Malaysia (52 weeks × 5 days ÷ 12 months).
Q2: Is overtime mandatory for public holiday calculation?
A: No, overtime calculation is optional and only applies if the employee worked additional hours beyond normal working hours on the public holiday.
Q3: What if an employee works multiple public holidays?
A: Each public holiday should be calculated separately using the same formula.
Q4: Are there different rates for different types of holidays?
A: The double pay rate applies to all gazetted public holidays in Malaysia as per Employment Act 1955.
Q5: How is hourly overtime rate determined?
A: Overtime rate is typically 1.5 times the normal hourly rate for work beyond normal working hours.