Floating Holidays Handbook Statement
Employees are provided floating holidays each calendar year. An employee's floating holiday allotment and pay is based on his or her date of hire, status at the time the employee takes the floating holiday (i.e., part-time or full-time), regularly scheduled work hours and length of service, as discussed in this policy. Floating holidays may be used to celebrate a religious holiday or special occasion that is not formally designated as a company holiday. Floating holidays may not be taken until they are earned, and prior management approval is required.
Floating holiday pay is calculated at the employee's base rate of pay in effect at the time