What is a floating holiday and why is it different than PTO (Paid time off)?
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A floating holiday is a holiday that can happen any time during the month and there is no set day like thanksgiving (usually the second Monday of October or the third thursday of November for my US pals). where there is set date holidays like Christmas (dec 25 every year) and it doesn’t matter if it falls on Saturday or Wednesday or whenever. In most cases a floating holiday is treated the same as a regular Holiday for paid time ect. Hope this helps
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