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Susan M. Heathfield

Are Your Paid Holidays Competitive?

By November 19, 2013

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Scheduling for holidays when many employees use paid vacation time or PTO is a challenge for most employers. So many people are off work that, even the employees who want to work, are challenged to have the team members they need to make progress.

I've put together several new resources that you may find valuable. Have you ever thought about adding a floating holiday or two to your normal set of paid holidays? It's an opportunity for diverse employees to use a paid holiday, rather than PTO, for one of their special days. Our employees enjoy taking their birthday off each year, too. My new article about floating holidays is a guide to the decisions an employer needs to make to offer this employee benefit.

While the Bureau of Labor Statistics states that for the category "all full time employees," 7.6 is the average number of paid holidays for employees in the United States, I work most frequently these days in a professional environment where 8.5 is the norm.

Want to see how your paid holidays compare with those of other employers? Here's a standard paid holiday schedule for U.S. employers in the public and private sector.

If you're thinking about paid time off for your next year's benefits package, these cited resources give you standard practices and norms in the U.S.

Image Copyright Catherine Yeulet

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