When an employee is scheduled to be at work on a public holiday, a penalty rate does apply. The reality is that individuals need some sort of additional compensation to make it worth their while to be at work while everyone else is at home with their families. The rate of pay is referred to as a penalty rate. It is not standardized, although, there are some common guidelines that depend upon the industry.
The most common payment guidelines for the penalty rate are:
Double time and a half
Awarding an additional day and a half off for a full …