With the holidays right around the corner, it’s the
perfect time for our Holiday Practices Survey results. Let’s take a look at how
professionals responded—how does your company compare?
Highlights of the 2014 Holiday Practices Survey:
- 44.7% will offer 9 to 11 paid vacation days in 2015.
- 7% offer employees their birthday as a paid day off.
- 87.3% offer New Year’s Day as a paid holiday to exempt employees and 82.6% offer it to nonexempt employees.
- 53.9% do not provide holiday pay to employees who have an unexcused absence on the nearest workday before and/or after a company paid holiday.
Thanks to all 2,666 individuals who participated in the
survey! Here are the details:
The 2014 Holiday Season
Thanksgiving
When asked which days will be paid holidays for their
employees at Thanksgiving in 2014, 93.2% of survey participants indicated that
Thanksgiving Day will be a paid holiday for their exempt employees and 88.4%
indicated it would be a paid holiday for their nonexempt employees.
Additionally, 67.2% will provide a paid day off to their exempt employees on
the day after Thanksgiving and 62.3% will provide the same to nonexempt
employees.
The day before Thanksgiving is a paid holiday for 5% for
both exempt and nonexempt employees. Exempt employees are allowed to use the
day before Thanksgiving as a floating paid holiday for 6% and 5.9% allow the
same for nonexempt employees.
Christmas
For the 2014 Christmas season, 91.7% of survey
respondents will provide December 25 as a paid holiday for exempt employees and
86.9% will provide that same day for their nonexempt employees. Christmas Eve
will be a paid holiday for exempt employees at 32% and nonexempt employees at
30.7%. Boxing Day, December 26, will be a paid holiday for exempt at 23.7% and
for nonexempt at 21.9%.
Christmas week is a paid vacation for both exempt and
nonexempt for 2% of survey participants (down from 3.3% in 2013). From
Christmas Eve until New Year’s Day is offered as paid time off for exempt
employees by 5.3% and for nonexempt employees by 4.8%.
No paid time off will be offered by 1.2% for exempt
employees and by 1.8% for nonexempt employees.
New Year’s
In 2013, 85.2% of survey participants offered New Year’s
Day as a paid holiday but 2014 paints a different picture with 87.3% offering
it to exempt employees and 82.6% offering it to nonexempt employees. New Year’s
Eve was provided as a paid holiday by 16.2% in 2013 but 19.2% will provide it
to exempt employees and 18.9% will offer it to nonexempt employees in 2014.
Up from 1.1% in 2013, 3.5% will provide New Year’s week
(Monday, December 29 through Friday, January 2) as paid time off for exempt
employees and 3.3% will provide it to nonexempt employees. No paid time off surrounding
New Year’s will be provided to exempt employees by 1.8% and to nonexempt
employees by 2.3%.
On to 2015—Paid
Holidays
How many holidays?
When asked how many paid holidays their employees will
receive in 2015, survey participants indicated the following:
Number of Holidays for 2015
|
Number of paid holidays
|
Response percent
|
|
1–5 days
|
3.4%
|
|
6–8 days
|
37.5%
|
|
9–11 days
|
44.7%
|
|
12 or more days
|
13.8%
|
|
No paid holidays
|
0.1%
|
In addition to paid companywide holidays, 28.7% provide
floating holidays to be used at employees’ discretion. Of those, 40.2% will
provide one floating holiday, 29.3% will provide two, 15.6% will provide three,
and 14.9% will provide more than three floating holidays.
Which holidays?
Memorial Day, Independence Day, Labor Day, Thanksgiving Day,
Christmas Day, and New Year’s Day will be offered as paid holidays by at least
93% of survey participants in 2015.
Martin Luther King Jr. Day and Presidents’ Day will be
paid holidays for 32.6% and 33.3%, respectively. Columbus Day is a paid day off
for 14.1% and Boxing Day will qualify as a paid holiday for 12.1% (up from 9.2%
in 2014 and 4.3% in 2013). Veterans Day will be a paid holiday for 20% and
employees’ birthdays will be a paid day off for 7%.
Holiday Practices
Holiday Pay
Nonexempt
employees do not work on holidays for 24.6% of survey participants. Nonexempt
employees do work on holidays and receive holiday pay plus time and a half for
hours worked for 9.6% and 2.2% pay holiday pay plus double time. Only regular
pay is received for 25.3% and another day off with pay is the norm for 5.8%.
When it comes to holiday pay for employees that have an unexcused absence on
the nearest workday before and/or after a company paid holiday, 53.9% of survey
participants do not provide holiday pay.
First Dibs
When it comes to deciding which employees get priority in
deciding their days off during the holidays, 15.5% leave it up to the
supervisor and 12.4% go with whoever asks first. It’s not a problem and
everyone gets what he or she wants for 3.7%, but for 3.8%, employees take turns
from year to year. A formal system based on seniority is in place for 6.9% and
7% use an informal seniority/ranking system. The business is closed for 36%.
Unrecognized Holidays
Less than 5% of employees use paid time off for religious
days not recognized as paid holidays for 39.2% of survey participants and no
employees use such time for 19.8%.
Source: HR
Daily Adviser
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