More businesses observe Thanksgiving and Christmas than any other U.S. holiday. But close behind are New Year's Day, Memorial Day and Labor Day, all observed by at least 94% of businesses.
According to a Society for Human Resource Management survey, the only other U.S. holidays to exceed a 50% closure level in 2015 will be Independence Day (the Fourth of July hits on a Saturday in 2015) and the day after Thanksgiving, both at 76%; and the day before Independence Day (60%), a Friday next year.
Christmas Eve doesn't quite make the cut at 47%. Other holidays grabbing significant market share:
- Martin Luther King Jr.'s birthday, Monday, Jan. 19 (37%)
- Presidents Day, Monday, Feb. 16 (35%)
- Good Friday, April 3 (28%)
- Veterans Day, Wednesday, Nov. 11 (20%)
- Columbus Day, Monday, Oct. 12 (16%)
On average, SHRM found, most U.S. businesses will observe nine paid holidays in 2015. About one in five offers 10 paid holidays to fulltime and part-time workers, and about one in 20 offers 13 or more paid holidays. About a third offer floating holidays, with 43% offering one, 29% offering two, and 28% offering three or more.
Asked about weekend schedules, 64% said they were closed, 26% were open on Saturday, and 9% on Sunday.
The data came from nearly 500 randomly selected human resources managers.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
