Alberta Statutory (stat) Holiday Pay Changes

HAPPY CANADIAN THANKSGIVING!

Thanksgiving is the second statutory holiday under Alberta’s new statutory holiday pay rules. Do you know how much your business will on save on stat holidays under the Alberta government’s latest policies? Have you factored these savings into your budgeting and forecasting?

• For a Calgary hair salon with 15 busy chairs (closed Mondays), expect ~$2,800/stat holiday in savings.
• For a Calgary restaurant or brewpub with 35-40 staff (closed Mondays) expect ~$2,750/stat holiday in savings.

…and that’s just Thanksgiving savings. With 9-12 annual stat holidays/year, this means ~$25,000 – $33,000 per year in savings under the new holiday pay policies.

Achen Henderson is here to help you navigate changes like these to ensure your employees are getting the proper pay and scheduling!

With Remembrance Day, Christmas, and New Year’s approaching quickly, here’s a recap of what you need to know:

There are 9 Statutory Holidays in Alberta, where some employees are entitled to the day off, with pay. The next ones are:
• Thanksgiving Day
• Remembrance Day
• Christmas Day
• New Year’s Day
• Alberta Family Day
• Good Friday
• Victoria Day
• Canada Day
• Labour Day

There are also 3 optional holidays you can give off to employees, though you are not obligated to:
• Easter Monday
• Heritage Day
• Boxing Day

We manage our client’s payroll so that their staff is paid correctly and on-time. If you would like to spend less time managing your payroll and more time growing your business, get ahold of us today!

For more information on Alberta’s stat holiday pay and employment, standard rules click here.