Long service leave
Whether a public holiday extends a period of long service leave will depend on the relevant Commonwealth, state or territory long service leave legislation.
Payment for holidays not worked
Under the Fair Work Act (s116), an employee is to be paid at their ‘base rate of pay’ for their ordinary hours of work when absent on a specified public holiday.
Base rate of pay is an employee’s ordinary rate of pay excluding incentive-based payments and bonuses, loadings, monetary allowances, overtime or penalty rates or any other separately identifiable amounts.
This means an employee will be paid at their ordinary rate of pay excluding the appropriate public holiday penalty payment (had the employee worked) provided by the applicable modern award or enterprise agreement.