Floating Holiday

It is a type of paid time off that allows employees to choose when they take a day off work. Unlike traditional fixed holidays, such as Christmas or Independence Day, which are observed on specific dates, floating holidays can be used at the employee's discretion within a certain period or according to company policy. This flexibility allows individuals to celebrate holidays or events that are important to them personally or culturally, even if they are not recognized as official holidays by their employer. Floating holidays are often used to accommodate diverse religious, cultural, or personal observances, providing employees with the freedom to take time off when it aligns with their needs and preferences.