Wave's Holiday Pay feature will automatically calculate the pay an employee is entitled to for statutory holidays. If you do not want to use Wave's calculations, you can turn this off and manually add statutory holiday pay as a bonus.
To turn off Holiday Pay:
- Navigate to Payroll > Employees > Edit Employee (pencil icon)
- Next, click Holiday
- Under Current Policy, you'll find the active policies for both Statutory and Worked Holidays. You cannot edit Worked Holiday policy as it is a federal requirement. Change your Statutory Holiday policy from automatic to manual calculations by clicking Edit (pencil icon)
- Review the pop-up on screen and click Confirm
- You will receive an on-screen confirmation indicating that the policy has been updated to a Manual Pay policy
Once you've updated the Holiday Pay Policy to Manual Pay, Wave will no longer automatically calculate the statutory holiday pay.