Question: What should we know about floating holidays before deciding whether to offer them?

Answer: Floating holidays are a type of paid leave that allow employees to observe personal, cultural, or religious occasions not covered by your organization’s designated holiday calendar. Employees usually appreciate them, and they generally pose little burden on employers. Here are some things to consider:

• Structure—Employers can decide whether to frontload floating holidays or require employees to accrue them. Typically, employers will frontload the floating holidays so employees are able to take advantage of them early in the benefit year—birthdays and religious holidays won’t wait for employees to accrue time, after all.
• Tracking—Employers should track employees’ use of floating holidays in the same manner they track the use of paid time off (PTO) or vacation days.Read more: Link

  This Q&A does not constitute legal advice and does not address state or local law.