Floating holidays are paid vacation days that employees can schedule themselves. They are mostly used by employees who celebrate cultural or religious holidays not included in the set of ten federally recognized paid holidays. Floating holidays allow for flexibility, promote healthy work-life balance, and boost company morale.
Am I entitled to floating holidays?
No. Employers are not required to offer you floating holidays, but they are a common perk. You should always clear your floating holidays in advance, to make sure they don’t overlap with important business functions.
Can I “cash in” on my floating holidays?
No, sorry. Typically floating holidays don’t roll-over (although, in certain cases they may), and aren’t paid out upon termination.