More businesses observe Thanksgiving and Christmas than anyother U.S. holiday. But close behind are New Year's Day, MemorialDay and Labor Day, all observed by at least 94% of businesses.
According to a Society for Human Resource Management survey, theonly other U.S. holidays to exceed a 50% closure level in 2015 willbe Independence Day (the Fourth of July hits on a Saturday in2015) and the day after Thanksgiving, both at 76%; and the daybefore Independence Day (60%), a Friday next year.
Christmas Eve doesn't quite make the cut at 47%. Other holidaysgrabbing significant market share:
- Martin Luther King Jr.'s birthday, Monday, Jan. 19 (37%)
- Presidents Day, Monday, Feb. 16 (35%)
- Good Friday, April 3 (28%)
- Veterans Day, Wednesday, Nov. 11 (20%)
- Columbus Day, Monday, Oct. 12 (16%)
On average, SHRM found, most U.S. businesses will observenine paidholidays in 2015. About one in five offers 10paid holidays to fulltime and part-time workers, and about one in20 offers 13 or more paid holidays. About a third offer floatingholidays, with 43% offering one, 29% offering two, and 28% offeringthree or more.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.