Holiday Pay

Double Time
Double time refers to a payment condition in which employees are paid twice their regular hourly rates for specific types of work, including overtime, Sundays, or holidays.
Holiday Pay
Holiday pay refers to wages or salary paid to an employee during a period of vacation leave to which they are entitled. It ensures employees enjoy compensated time off from work.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.