I was told in the past that anytime i 'worked' more than 40 hours i would be compensated with overtime. I had to actually work 40 hours not total more than 40 hours with a time given for a holiday. Well the week of July 4th I acquired 42.8 hours by Thursday and figured I would be drawing 8 hours of time and a half on Friday while i was at home. Got my paycheck and was paid for 40 hours of regular pay, 2.8 hours of overtime, and 8 hours of 'holiday' pay at the regular rate. How should this have been done?

Time paid for hours not worked does not have to be considered in the determination of overtime. So, if you physically worked 42.8 hours, then you were paid in accordance with the law.

It should have been done exactly the way it was done. You are due time and a half for hours WORKED, not time paid. You did not work on Friday; therefore the time does not have to be paid at time and a half.

I was told in the past that anytime i 'worked' more than 40 hours i would be compensated with overtime. I had to actually work 40 hours not total more than 40 hours with a time given for a holiday. Well the week of July 4th I acquired 42.8 hours by Thursday and figured I would be drawing 8 hours of time and a half on Friday while i was at home. Got my paycheck and was paid for 40 hours of regular pay, 2.8 hours of overtime, and 8 hours of 'holiday' pay at the regular rate. How should this have been done?
The stub sounds right . You got 8 hours holiday pay ,and eight hours straight time for the fourth of July. Unless the employer has a set up to pay time and a half for working the fourth of July it is correct.
JoeC