2017 Holiday Schedules Survey Findings

October 2016

SHRM Survey Findings: 2017 Holiday Schedules

About SHRM

The Society for Human Resource Management (SHRM) is the world's largest HR professional society, representing 285,000 members in more than 165 countries. For nearly seven decades, the Society has been the leading provider of resources serving the needs of HR professionals and advancing the practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates. Visit us at .

Table of Contents

Introduction Key Findings Survey Findings Demographics Methodology Additional SHRM Resources

SHRM Research

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Introduction

SHRM conducts the Holiday Schedules survey every year to determine which holidays organizations will observe by closing their offices early or for the entire day. In addition, this year's findings also include data from SHRM's Paid Leave research. The 2016 and 2015 Holiday Schedules Survey Findings can be found under Resources at the end of this document.

SHRM Research

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SHRM Research

Key Findings

? More than half (57%) of respondents indicated their organizations pay a premium for employees working on a holiday when the organization would normally be closed. Of these organizations, 40% pay double-time and 21% pay one-and-a-half-time, while 19% pay overtime and 21% pay some other type of premium.

? Less than one-third (30%) of organizations offer floating holidays to employees.

? Most organization do not allow full-time (82%) or part-time (88%) employees to swap holidays.

? While most offices (84%) will remain open during the week between Christmas and New Year's Day (Monday, December 25 through Saturday, December 30), 15% of organizations will close their offices during this week.

? The vast majority of organizations (90% or more) will observe the following holidays in 2017 by closing their offices:

? New Year's Day (Sunday, January 1) ? Memorial Day (Monday, May 29) ? Independence Day (Tuesday, July 4) ? Labor Day (Monday, September 4) ? Thanksgiving Day (Thursday,

November 23) ? Christmas Day (Monday, December

25)

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Premium for Working on a Holiday

Does your organization pay a premium for employees working on a holiday when the organization would normally be closed?

1%

42%

57%

What type of premium does your organization pay for employees working on a holiday when the organization would normally be closed?

1.5x / time-and-a-half (21%) 2x / double-time (40%) Overtime (19%)

Yes

No

No, but we plan to start doing so in the next 12 months

Note: n = 394

Note: n = 202. Percentages do not total 100% due to rounding and exclusion of "other" responses. These responses were adapted from open-ended responses of participants who indicated their organization pays a premium for employees working on a holiday.

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