Common use of Floating Holiday Clause in Contracts

Floating Holiday. In addition to the holidays listed in Section 1 above, at the beginning of the pay period that follows the pay period that includes July 1st, each employee shall receive one (1) holiday as a floating, non-accruable holiday which must be taken prior to the end of the pay period that includes July 1st of the following year. The floating holiday may be used as a vacation day, birthday, or religious holiday, but may not be used in lieu of another holiday or leave to pyramid time. "Pyramid" time is defined as claiming more than one holiday pay designation for the same day (e.g., floating holiday and annual leave on the same day). With two weeks prior notice, the employee shall designate and request the date to be recognized as their floating holiday and it shall be granted. If the employee does not give two weeks prior notice of the date to be recognized as a floating holiday, it will be granted as available.

Floating Holiday. In addition to the holidays listed in Section 1 above, at the beginning of the pay period that follows the pay period that includes July 1st, each employee shall receive one (1) holiday as a floating, non-accruable holiday holiday, which must be taken prior to the end of the pay period that includes July 1st of the following subsequent year. The floating holiday may be used as a vacation day, birthday, or religious holiday, but may not be used in lieu of another holiday or leave to pyramid time. "Pyramid" time is defined as claiming more than one holiday pay designation for the same day (e.g., floating holiday and annual leave on the same day). With two weeks weeks' prior notice, the employee shall designate and request the date to be recognized as their floating holiday and it shall be granted. If the employee does not give two weeks weeks' prior notice of the date to be recognized as a floating holiday, it will be granted as available.