All full-time employees are entitled to the paid holidays declared by the Firm on a yearly basis. These holidays are designated by the Firm at the beginning of each year or as soon as practical. Part-time employees do not receive holiday pay.
The workday immediately preceding the holiday will be an eight-hour day unless the Firm announces an earlier closing time. Employees who fail to work the day prior to the holiday (without supervisor permission) will not be entitled to holiday pay.
Generally, the standard holidays are:
New Year’s Day
Friday after Thanksgiving
Day before or day after Christmas
Periodically, “flex days” may be established in a year to balance the annual holiday schedule.
Employees will be permitted to take PTO or time off without pay for other religious and nationally observed holidays not included in the above schedule in accordance with established Firm procedures.
If a holiday occurs during an employee’s vacation, it will be paid as a holiday and not charged against the employee’s PTO.