Floating holidays

Floating holidays, also known as flexible holidays, are paid time off that employees can use at their discretion, typically with the approval of their employer. Unlike traditional holidays, which are designated on specific dates and are typically observed by all employees, floating holidays can be used at any time within a set time period or calendar year.

For example, an employer might offer three floating holidays per year, which can be used by employees to take time off for personal reasons or to observe holidays that are not included in the company's official holiday schedule. Floating holidays can be a valuable benefit for employees who need flexibility in scheduling time off, and they can also help employers attract and retain top talent by offering more generous leave policies.