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The purpose of this research is to determine which holidays organizations will observe by closing their offices early or for the entire day. In addition, this year’s findings also include data from SHRM’s 2016 Paid Leave in the Workplace research. Key findings include:
More than half (57%) of respondents indicated their organizations pay a premium for employees working on a holiday when the organization would normally be closed. Of these organizations, 40% pay double-time and 21% pay one-and-a-half-time, while 19% pay overtime and 21% pay some other type of premium.
Less than one-third (30%) of organizations offer floating holidays to employees. Most organizations do not allow full-time (82%) or part-time (88%) employees to swap holidays.
While most offices (84%) will remain open during the week between Christmas and New Year’s Day (Monday, December 25 through Saturday, December 30), 15% of organizations will close their offices during this week.
The vast majority of organizations (90% or more) will observe the following holidays in 2017 by closing their offices: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day.
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