I feel real sad when I hear people make the following statements:
I’m making double-time and a half for working the public holiday!
WooHoo, I got a refund from the government for my taxes!
Both show an utter lack of real perception. Let’s deal with the latter because it’s a bit easier to explain.
When you get money back from the government, that means they overcharged you! If it was a retail store, you’d be pissed that it happened in the first place and only be somewhat mollified that they owned up to it nearly 12 months after the fact. You’d be better NOT paying any taxes through work, saving a ‘reasonable portion’ into a bank account, make some sort of interest on it, then filing at the end of the year and then just writing one big check. FYI, it is perfectly legal for you to pay your own taxes and not through the company. Check your local laws regarding it.
Now for the first one.
In typical countries, you get paid 8 hours for the holiday. So regardless whether you work it or not, you get 100% of your daily wage. (I’m using simple numbers here, don’t get nit-picky on me). So now your ‘dboule time and a half(250%) is down to 150%. Now if you work it, they give you ‘time and a half’. Really, it’s just a ‘half’ bonus there. So if you are making $10/hr, that obviously means you get paid an extra $5/hr. In an 8 hr shift, that’s a whopping extra $40. Which usually gets sucked up into extra taxes thus negating the ‘bonus’ for working. You have just ended up working for ‘barely above normal pay’ for working that holiday. Was it worth losing a day to yourself for just regular wages essentially? Not for me it isn’t.
Words for thought.