HR Glossary

What is Floating Holiday?

A paid day off that employees can use at their discretion on any working day of the year, rather than being tied to a specific fixed-calendar holiday, often provided to accommodate diverse cultural, religious, and personal observances.

Why it matters in hiring

Floating Holiday comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with F

• Federal Minimum Wage
• Federal Tax
• FICA
• Flexible Benefits (Cafeteria Plan)
• Forced Ranking
• Foreign Worker Levy (Singapore)
• Form 12BB
• Form 16

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