Remove time-off-for-federal-holidays
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Employee Benefits: A Key Part of Job Compensation

Money Talk

Workers receive their usual pay but are allowed a certain amount of time (e.g., one to four weeks) off from work. Vacation pay is part of a worker’s income and is fully taxable on federal and state income tax returns. Like vacation time. Holidays- Many employers provide a fixed number of paid holidays.

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Untimely Hasbro Layoffs Imminent After Weak Toy Sales Numbers

HR Digest

The Hasbro job cuts appear geared to slash off nearly 15 percent of its current workforce, indicating that 900 employees will now have to look for work. In January, the company had already announced a reduction of 1000 full-time job cuts at Hasbro and according to Reuters , the company has already made progress on this front.

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Why every business should offer floating holidays

Business Management Daily

Adding floating holidays as an extra perk in your benefits package can help you accomplish both of these goals, and help your employees achieve a better work-life balance. What is a floating holiday? Floating holidays differ from other forms of PTO in that they generally aren’t accrued over time like vacation or sick time.

PTO 98
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5 Key Trends and 5 Important Steps to Take Away From HUB’s 2023 Workforce Absence Management Survey

Griffin Benefits

The need to improve recruiting and retention has affected employee benefits and workforce absence management rather considerably these past two years, in some cases resulting in more liberal policies on hybrid work, paid time off (PTO) and observed holidays. Additional paid holidays take hold. More PTO becomes more SOP.

PTO 69
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Inclusive corporate holidays: What do your employees want?

Insperity

Are your company’s paid holidays strategic? Today’s job candidates aren’t just looking for the right number of paid holidays – having “enough” days off that don’t require them to use PTO. Is it time for you to expand the goals that are underpinning your paid holiday schedule? Remember your core values.

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Is Time Off for MLK Jr. Day, Presidents Day Mandatory? | BerniePortal

BerniePortal

Depending on your organization’s industry, most employees expect to have company-wide days off for certain holidays. However, are employers legally required to offer time off for federal holidays like Martin Luther King, Jr. Day and Presidents Day?

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What is a floating holiday?

Higginbotham

Flexibility has become a buzz word in employee retention efforts, and floating holidays are one way to offer flexibility. What does floating holiday mean? How do floating holidays work? What are some floating holiday examples? Here’s what you need to know about floating holidays. What counts as a holiday?