Global HR Glossary

What is a Floating Holiday? 

A floating holiday provides employees with an additional paid day off that can be used at their discretion, allowing for greater flexibility in managing personal and cultural needs. 

Implementing and Managing Floating Holidays 

Floating holidays are particularly beneficial for:

• Personalizing Time Off: Employees can use the time for religious observances, family events, or other personal matters.
• Enhancing Job Satisfaction: Offers employees control over their time off, which can improve morale and work-life balance. 

Organizations offering floating holidays should clearly define policies regarding eligibility, accrual, and the process for requesting these days to ensure fairness and transparency.