A Floating Holiday is a paid day off that employees can use at their discretion, often in addition to fixed holidays, allowing flexibility for personal or cultural observances.
- What is a floating holiday?
Answer: It is a paid day off employees can use at their discretion. - How many floating holidays are typical?
Answer: Companies often offer 1-3 per year. - What are common uses?
Answer: Uses include cultural celebrations or personal events. - Are employers required to offer floating holidays?
Answer: No, it’s optional and depends on company policy. - How is it scheduled?
Answer: Employees request it through HR or a manager.
