floating holiday

American  

[floh-ting hol-i-dey] / ˈfloʊ tɪŋ ˈhɒl ɪˌdeɪ /

noun

1. a day off with pay, usually one of a certain number allotted annually by the employer, that can be taken by an employee on a day of their choice in addition to or in lieu of any of the standard paid public holidays.

   He used one of his floating holidays to take the day off for Eid.

   We provide sick time, vacation time, floating holidays, and several paid holidays.

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Etymology

Origin of floating holiday

First recorded in 1950–55

Example Sentences

If employees want that day off, or Juneteenth, they would have to use the floating holiday.

From Seattle Times

“I had to put the corporate hat on and I would say, ‘Chevron does provide a floating holiday so if it’s important to you, you can take it off,’ ” Jourdan said.

From Seattle Times

“Longer term, when things calm down and inclusivity and racial justice are no longer top of mind for people in general and employees in particular, then probably it will become a floating holiday,” she said.

From Seattle Times

They also reached a deal to have civilian city workers take two unpaid days off in November and April, in exchange for a new floating holiday.

From Los Angeles Times

In exchange, thousands of civilian city employees would receive a new floating holiday for the fiscal year that ends on June 30, according to the proposal.

From Los Angeles Times