Corporate Business Solutions is a leading business consulting firm recognized throughout the United States. We offer valuable information that is often necessary for growth in the business marketplace.
We know firsthand that many small and medium- size businesses are affected by paid holidays. Paid holidays are not required in the United States by any government regulations since the Fair Labor Standards Act (FLSA) does not require an employer to pay employees for time that they do not work, such as for vacations or holidays.
However, employees in the US receive an average of 7.6 paid holidays, according to The Bureau of Labor Statistics in the category “all full-time employees.” A 2016 study of paid time off by the WorldatWork Association found that nine paid holidays was the norm in the United States.
Private Sector Paid Holiday Schedule in the U.S. – These are the most common paid holidays in a private sector organization’s paid holiday schedule. They will vary by the company based on the needs of the employees and the needs of the business. For example, even companies that offer these paid holidays may have jobs that must work on the holidays. This is a necessity, or in some cases, a choice for profitability, in industries that serve customers 24 hours a day, 7 days a week, and 365 days a year. These jobs include manufacturing when capacity and customer demand requires more hours; direct patient healthcare services including nursing, emergency room services, hospital food services, custodial services, and more; open retail establishments; restaurants; gas stations; drug stores; convenience stores; some technical and customer support positions; and grocery stores.
As a reward for working the holiday (and to make employees feel better about working on it), these employees often receive additional compensation in the form of time and a half or double time pay.
Usual Paid Holidays
•New Year’s Day
•Independence Day (4th of July)
•Friday after Thanksgiving
Additionally, some organizations add several of these days to their paid holiday schedule. This depends on regional differences and the input of employee feedback over time.
•Washington’s Birthday or President’s Day
•Martin Luther King, Jr. Birthday
•Christmas Eve, and/or New Year’s Eve
To learn more about us and / or to schedule your appointment with the business experts at Corporate Business Solutions, call us today at 877-357-9366.