This year, Dec. 26 is the day employers are most commonly giving their employees as a day off with pay in observance of the year-end holidays, according to an annual Bloomberg BNA survey.
Nearly nine out of 10 surveyed employers (89 percent) are treating the Monday after Christmas as a paid holiday. In addition, 81 percent of employers are granting their workers the Monday after New Year’s Day as a paid holiday.
The calendar is putting a bit of a crimp on holiday leave with Christmas and New Year's falling on Sundays. Granting two paid days off remains common, but less than half of employers are granting three or more paid holidays (46 percent). This is a drop from 57 percent in 2015-16, when Christmas and New Year's fell on Fridays, but up slightly from 42 percent in 2011-12, which was the last time the two holidays fell on Sundays.
The survey didn't detect a similar dip in other areas. For example, it found that employer-sponsored festivities remained a mainstay of the year-end holiday environment, sponsored by more than three-fourths of employers (77 percent).
Furthermore, 61 percent of employers planned a shindig for all or most of their workforce during the year-end holiday season, unchanged from 2015-16. Among employers throwing a companywide celebration, 32 percent reported going the whole nine yards by paying the full cost, holding the party off company premises, making alcoholic drinks available and including spouses and guests of employees at the event.
The Year-End Holiday Practices Survey is one of several reports included with Bloomberg BNA’s HR Decision Support Network . Start your free trial today.
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