What is a Floating Holiday?
A floating holiday is a paid day off an employer grants that an employee can schedule at their own discretion, rather than a fixed date set by the employer like Christmas or Thanksgiving.
Why does a Floating Holiday matter?
Floating holidays let employers offer paid time off that respects diverse religious and personal observances, without having to name every possible holiday on the company calendar.
How does a Floating Holiday work?
An employer allocates a set number of floating holidays per year, and employees request to use them like other PTO, typically with manager approval and standard scheduling notice.
Frequently asked questions
Is a floating holiday the same as PTO?
It’s usually a distinct, separate bucket from general PTO, often specifically intended for holidays or observances not on the standard company calendar.
Do floating holidays roll over year to year?
Policies vary; many employers require floating holidays to be used within the calendar year, similar to how some PTO policies handle unused time.
How BrightMove helps
BrightMove keeps time-off policies and balances organized alongside the rest of the employee record. Explore BrightMove for staffing agencies.