Floating Holidays?
wbowen
9 Posts
Hi there, we are working on a possible revision of our holiday pay policy. If any of you have a policy that addresses a "floating holiday" and are comfortable in sharing that I would greatly appreciate it. My email address is [email]wbowen@denalistatebank.com[/email]. We are a small community bank and some of our set holidays fall on weekends when we have limited staff working - therefore it becomes hit or miss in regard to who gets the holiday pay; we've never allowed a floating holiday but think this would be a nice change. Thanks!
Comments
[SIZE="1"]*In addition to seven scheduled paid holidays, two additional days are designated as “Floating” Holidays. Regular, full-time employees may choose the dates of their own Floating Holidays. Floating holidays can be used to observe another holiday (e.g. President’s Day or Martin Luther King Day), a religious holiday, a family member’s birthday, or to extend another holiday or weekend. Floating holidays must be requested and approved in advance and cannot be taken after-the-fact. Floating holidays cannot be taken in hourly or partial-day increments; they must be used for a full work day. New employees who start between January 1 and June 30 will receive two Floating Holidays in the current calendar year. Those hired between July 1 and September 30 will receive one Floating Holiday in the current calendar year. Those hired between October 1 and December 31 will receive no Floating Holidays until the start of the next calendar year.
**FOR 2011 - The Birthday Floating Holiday is treated like other floating holidays in terms of requesting and approval. If your birthday falls on a weekend, you can use the extra floating holiday on either Friday or Monday, subject to supervisor/manager approval. If for some reason you aren’t able to take your birthday off, you can arrange in advance with your supervisor/manager to substitute it for another day. Regardless of your hire date, you’ll always get this floating holiday. Birthday Floating Holidays cannot be taken in hourly or partial-day increments; they must be used for a full work day.[/SIZE]