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Thanksgiving and Christmas will be top paid holidays in 2017
ALEXANDRIA, Va., Oct. 17, 2016—Fifty-seven percent of respondents indicated that their organizations pay a premium to those employees who work on holidays, according to the 2017 Holiday Schedules Survey Findings released today by the Society for Human Resource Management (SHRM).
Of these organizations, 40 percent pay double time and 21 percent pay one-and-a-half-time, while 19 percent pay overtime and 21 percent pay some other type of premium.
"Some businesses are not closing on holidays due to their nature of work. Whether it is in retail or health care, employees are being compensated accordingly if there is work being done," said Evren Esen, director of workforce analytics for SHRM.
The survey also shows that while most offices (84 percent) will remain open during the week between Christmas and New Year's Day (Monday, Dec. 25, through Saturday, Dec. 30), 15 percent of organizations will close their offices that week.
Holidays that most organizations will observe by closing in 2017 are:
• Thanksgiving Day (97 percent)
• Christmas Day (95 percent)
• Labor Day (94 percent)
• Memorial Day (93 percent)
• Independence Day (93 percent)
• New Year's Day 2017 (90 percent)
SHRM surveyed 415 HR professionals from a randomly selected sample of its members throughout the United States.
The full survey is available online https://www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/pages/2017-holiday-schedules-survey.aspx
Media: For more information or to schedule an interview, contact Sundra Hominik at 703-535-6273 and mailto: Sundra.Hominik@shrm.org or Kate Kennedy of SHRM Media Relations at 703-535-6260 and mailto: Kate.Kennedy@shrm.org Follow SHRM Research on Twitter @SHRM_Research.
About the Society for Human Resource Management
The Society for Human Resource Management (SHRM) is the world's largest HR professional society, representing 285,000 members in more than 165 countries. For nearly seven decades, the Society has been the leading provider of resources serving the needs of HR professionals and advancing the practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates. Visit us at shrm.org and follow us on Twitter and Instagram @SHRMPress.
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