Floating Holiday
A paid day off employees can use at their discretion.
Definition
A floating holiday is a paid day off that employees can take at a time of their choosing, rather than on a fixed company holiday. Floating holidays are often used for religious observances, cultural celebrations, or personal occasions not covered by standard company holidays.
Examples
- • An employee uses a floating holiday for Diwali when it's not a company holiday
- • Taking a floating holiday for a birthday or personal celebration
Quick Facts
- Term
- Floating Holiday
- Category
- Leave Types
Related Terms
Helpful Resources
Explore More Terms
PTO (Paid Time Off)
A combined bank of paid leave days employees can use for any purpose.
Sick Leave
Paid or unpaid time off for illness or medical needs.
Vacation Leave
Paid time off specifically for rest and recreation.
Personal Leave
Time off for personal matters not covered by other leave types.
Safe Leave
Time off for domestic violence, sexual assault, or stalking situations.
Sabbatical
Extended leave for rest, travel, research, or personal development.
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