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No. Time and a half is 1 and a half times normal, double is twice normal pay.
Find half of 10.20 and add it to 10.20. Half of 10.20 is 5.10. 10.20 + 5.10 = 15.30
15.38
Most places do pay time and a half, some have a set amount of extra pay for holidays, while others pay at the same rate. There is no legal obligation for a private company to pay any kind of holiday pay, just a moral and social obligation.
1062.50