Work out the premium cost of staffing a public holiday across a team.
The premium rate is the base rate multiplied by the uplift, and total pay adds it to ordinary hours. Showing the premium as a share of total pay makes clear how much of the wage bill is discretionary. Holiday consistently above about 15% of the wage bill is usually cheaper to solve with another hire than to keep paying at a premium.
Holiday Work Hours
Holiday pay = base rate × multiplier × holiday hours
Holiday pay = base rate × multiplier × holiday hours The premium rate is the base rate multiplied by the uplift, and total pay adds it to ordinary hours. Showing the premium as a share of total pay makes clear how much of the wage bill is discretionary.
Holiday consistently above about 15% of the wage bill is usually cheaper to solve with another hire than to keep paying at a premium.
This calculator takes 4 inputs: Base hourly rate, Total team hours on the holiday, Pay multiplier, Normal hours in the period. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.