Independent guide

HOL on a pay stub: Holiday pay

HOL normally identifies pay associated with a holiday. It can record paid time off or a premium for working. Federal law does not generally require private…

Last updated September 13, 2026

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HOL normally identifies pay associated with a holiday. It can record paid time off or a premium for working. Federal law does not generally require private employers to pay for holidays not worked; other laws and agreements can matter.

How to read this entry

Use the meaning Holiday pay alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.

Example on a pay statement

Eight hours of holiday pay at $22 produce $176. If you also worked that day, check whether the policy provides ordinary worked wages, a premium or both.

Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.

What to check with payroll

Ask whether the row is holiday leave, holiday-work premium or a combined payment.

Compare related entries

Read the leave, vacation, sick pay and severance codes guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.

Reference and scope

Official guidance on leave, vacation, sick pay and severance codes provides background on the underlying rules. The actual plan, tax year, jurisdiction and payroll record determine how the rules apply.