The one exception is: You do have to pay time and a half if the employee has already worked 40 hours that week, or 8 hours that day. At that point, overtime pay will kick in. The ad has to get set by somebody, and that gets done overnight, from closing time on Black Wednesday until sometime early Black Thursday, and then we reopen Black Friday. The people working the overnight shift on Black Thursday get shift differential and time and a half, which do not stack. Never mind that July 2 is the actual date the U.S. declared its independence from Great Britain - it was the final wording of the declaration that was approved on July 4. As in years past, the State-specific laws may require time and a half or allow employees to refuse holiday work without penalties. Exempt employees receive regular pay on holidays, while non-exempt employees are typically eligible for overtime for hours exceeding 40 in a week. What is time and a half? Time and a half pay is 50% more than an employee's regular pay rate. This means for every hour of overtime an employee works, an employee must be given their regular pay plus half of that. What is double-time? Double-time pay is twice the employee's regular rate. No. United States stock markets are closed on Friday, July 4, 2025. According to the New York Stock Exchange and Nasdaq websites, their markets also close early (at 1 p.m.) on Thursday, July 3. Understanding what holidays you get paid time and a half goes far beyond basic paycheck calculations—it’s about ensuring fair treatment and recognizing the value of your time. For hourly workers especially, holiday pay can make a noticeable difference in income, particularly during peak seasons like Thanksgiving, Christmas, or New Year’s Day. Surprisingly to many, the FLSA does not require employers to pay extra (time and a half) for work performed on holidays. This means that, under federal law, employers are not legally obligated to pay employees extra for working on holidays, including the Fourth of July. With 4th of July falling midweek this year, the question arises of whether employees must be paid for the holiday. The often-given HR answer or, “it depends” applies here. Read on for some things to consider. There is no federal law requiring private employers or small businesses to pay employees time and a half on Independence Day, and that's true for any other holiday. Federal, state, and local government employees are usually provided time off or paid overtime for work on the Fourth of July. The Fair Labor Standards Act (FLSA), which governs wage and hour laws, leaves holiday pay decisions to employers. Many employers offer holiday pay, such as time-and-a-half or double-time, as part of their benefits package, but this is not federally mandated. Sometimes your work status determines whether you will be eligible for paid holidays by a private company. Full-time workers and workers with seniority are more likely to be allowed paid holidays than part-time employees. Levels of seniority may also determine how many paid holidays your employer is willing to give you each year. While it’s not legally required, many employers do offer holiday pay (such as double time or time and a half) to their employees to reward and incentivize them for working on those days. In the event the President issues an Executive order granting a "half-day" holiday, an employee on a standard work schedule is entitled to holiday premium pay for work during the last half of their basic workday—i.e., 4 hours for a full-time employee and half of the scheduled part-time daily tour (not to exceed 4 hours) for a part-time employee. The 4th of July is a major holiday where folks get to spend time with loved ones, travel and embrace their time off work. This holiday is always eagerly anticipated, so much so that many employers have started providing employees with a four-day weekend when the holiday falls on a Tuesday or Thursday, or a three-day weekend, when the holiday For employees on an hourly wage, there's a simple formula for calculating time and a half: your hourly rate multiplied by 1.5. An example would be this: Steve earns $20 an hour. When Steve gets time and a half, he receives $30 (20 x 1.5). Time and a half rate = standard hourly rate × 1.5. On April 26, 2024, the U.S. Department of Labor (Department) published a final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, to update and revise the regulations issued under section 13(a)(1) of the Fair Labor Standards Act implementing the exemption from minimum wage and overtime pay requirements for executive What holidays do you get paid time and a half? U.S. federal law doesn’t mandate holiday pay, including time-and-a-half and double pay. However, that doesn’t leave employers off the hook. Some states and municipalities may have special legislation that guarantees premium pay for employees. All times are Eastern Time. ** Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Friday, November 28, 2025, Friday, November 27, 2026, and Friday, November 26, 2027 (the day after Thanksgiving). As stated above, and extra 8 for full time and 4 for part. Keep in mind, if you call out on your scheduled shifts the day before, of or after, they CAN revoke your holiday pay, unless the rules have changed. I had that happen to me once.
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