Hello there @info2331.
In QuickBooks Online Payroll, the default Stat Holiday pay rate is set to 1.0x, and there is no direct option to modify it to 1.5x. However, there is a workaround that allows you to add holiday pay at 1.5x by creating a separate earnings pay type.
Before proceeding, you must manually calculate the holiday pay rate for the specific employee by multiplying their regular hourly rate by 1.5. Once you have the calculated rate, you can enter it directly into the designated pay type to replace the default Stat Holiday Pay rate. This ensures the correct 1.5x multiplier is applied for holiday pay during payroll processing.
Here's how to enter a new pay type:
- From the left menu, go to Payroll and choose Employee.
- Scroll down to Additional pay types.
- Click the +Add button.
- Enter a name for the new pay type. You can use "Holiday premium" or "Holiday pay".
- Choose Other Earnings in the Type dropdown.
- Input the calculated hourly rate.
- Hit Save.
You can also check this article to learn more about the stat holiday pay: How to add statutory holiday pay in QuickBooks Online Payroll.
If you have any further questions or need additional support in managing stat holiday pay, feel free to comment below. We're here to help you every step of the way.