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SHRM Survey Findings: 2014 Holiday Schedules October 15, 2013

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Page 1: Shrm 2014-holiday-schedules

SHRM Survey Findings: 2014 Holiday Schedules

October 15, 2013

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• Which 2014 holidays will most organizations observe by closing their offices? The 2014 holidays

that most (90% or more) organizations will observe are:

» New Year’s Day (Wednesday, January 1)

» Memorial Day (Monday, May 26)

» Independence Day (Friday, July 4)

» Labor Day (Monday, September 1)

» Thanksgiving Day (Thursday, November 27)

» Christmas Day (Thursday, December 25)

• Which religious holidays in 2014 will most organizations observe? Overall, few organizations will

close their offices on religious holidays other than Christmas Eve and Christmas Day: 35% of organizations

will be closed on Christmas Eve and 95% will be closed on Christmas Day. The next most common religious

holiday is Good Friday: 21% of organizations reported their offices will be closed on Good Friday.

• Does your organization offer any floating holidays (other than personal days and paid holidays)

to employees? Thirty-eight percent of organizations reported offering “floating holidays” to employees. Of

those that do offer these holidays, nine out of 10 (96%) organizations offer no more than five floating

holidays a year.

Key Findings

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 20132

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In this survey, a floating holiday is defined as a holiday that provides an employee paid

time off to observe a holiday not observed by the organization. For example, employees

receive a paid day off (in addition to paid holidays or vacation days) to take when they

wish, such as on their birthday or on another holiday that is not a scheduled holiday for

the organization.

Definitions

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 20133

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How many paid holidays does your organization offer to your full-time employees per year?

Note: n = 603. An asterisk (*) indicates < 1%. Percentages do not equal 100% due to rounding.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013

Number of Days Percentage

0-5 days 3%

6-10 days 78%

11-15 days 18%

16-20 days 1%

21-25 days *

4

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How many paid holidays does your organization offer to your part-time employees per year?

Note: n = 586. An asterisk (*) indicates < 1%. Percentages do not equal 100% due to rounding.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013

Number of Days Percentage

0-5 days 51%

6-10 days 41%

11-15 days 8%

16-20 days *

5

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Yes; 38%

No; 62%

Does your organization offer any floating holidays (other than personal days and paid holidays) to employees?

n = 604

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 20136

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How many floating holidays does your organization offer to your full-time employees per year?

Note: n = 220. Only respondents whose organizations offer floating holidays were asked this question. Percentages do not equal 100% due to rounding.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013

Number of Days Percentage

0-5 days 96%

6-10 days 4%

More than 10 days 1%

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Generally, is your organization open for business on weekends?

Note: n = 603. Percentages do not total 100% due to rounding.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013

Percentage

No, we are not open on weekends

64%

Yes, we are open on Saturdays

26%

Yes, we are open on Sundays 9%

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2014 Holidays Organizations Plan to Observe

2014 Holiday Closed Close Early Remain Open

Wednesday, January 1 (New Year's Day) 94% * 5%

Monday, January 20 (Martin Luther King Jr.'s birthday) 36% 0% 64%

Friday, January 31 (Chinese and Vietnamese New Year) 2% 2% 97%

Monday, February 17 (Presidents Day) 35% * 65%

Wednesday, March 5 (Ash Wednesday) * * 99%

Tuesday, April 15 (beginning of Passover) 0% 0% 100%

Friday, April 18 (Good Friday) 21% 5% 74%

Monday, April 21 (Easter Monday) 7% * 93%

Friday, May 23 (Friday before Memorial Day) 2% 10% 87%

Monday, May 26 (Memorial Day) 92% 1% 7%

Wednesday, June 4 (Shavuot) 1% 0% 99%

Sunday, June 29 (first day of Ramadan) 1% 0% 99%

Note: n = 595-547. Percentages may not total 100% due to rounding. An asterisk (*) indicates < 1%. Respondents who answered “not sure” were excluded from this analysis. Only respondents whose organizations are regularly open for business on Saturday or Sunday were asked about holidays that fall on those days.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 20139

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2014 Holiday Closed Close Early Remain Open

Thursday, July 3 (day before Independence Day) 5% 12% 83%

Friday, July 4 (Independence Day) 93% 1% 6%

Saturday, July 5 (day after Independence Day) 8% 1% 91%

Friday, August 29 (Friday before Labor Day) 1% 11% 88%

Monday, September 1 (Labor Day) 93% 1% 6%

Thursday, September 25 (Rosh Hashanah) 0% 0% 100%

Friday, October 3 (evening of Yom Kippur) 0% 0% 100%

Saturday, October 4 (Yom Kippur) 1% 0% 99%

Sunday, October 5 (Eid al-Adha/Festival of Sacrifice) 1% 0% 99%

Thursday, October 9 (Sukkot) 0% 0% 100%

Monday, October 13 (Columbus Day) 14% 0% 86%

Note: n = 547-595. Percentages may not total 100% due to rounding. Respondents who answered “not sure” were excluded from this analysis. Only respondents whose organizations are regularly open for business on Saturday or Sunday were asked about holidays that fall on those days.

2014 Holidays Organizations Plan to Observe (continued)

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201310

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2014 Holiday Closed Close Early Remain Open

Thursday, October 23 (Diwali) * 0% 100%

Tuesday, November 11 (Veterans Day) 22% * 77%

Wednesday, November 26 (day before Thanksgiving) 7% 18% 75%

Thursday, November 27 (Thanksgiving Day) 94% 1% 5%

Friday, November 28 (day after Thanksgiving) 66% 2% 32%

Wednesday, December 17 (first day of Chanukah) 0% 0% 100%

Tuesday, December 23 (day before Christmas holidays)

3% 4% 93%

Wednesday, December 24 (Christmas Eve) 35% 32% 33%

Thursday, December 25 (Christmas Day) 95% 0% 5%

Friday, December 26 (day after Christmas) 22% 1% 77%

Note: n = 547-595. Percentages may not total 100% due to rounding. Respondents who answered “not sure” were excluded from this analysis. Only respondents whose organizations are regularly open for business on Saturday or Sunday were asked about holidays that fall on those days.

2014 Holidays Organizations Plan to Observe (continued)

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201311

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2014 Holidays Organizations Plan to Observe(by U.S. Federal Holidays)

2014 Holiday Closed Close Early Remain Open

Wednesday, January 1 (New Year's Day) 94% * 5%

Monday, January 20 (Martin Luther King Jr.'s birthday) 36% 0% 64%

Friday, July 4 (Independence Day) 93% 1% 6%

Monday, February 17 (President's Day) 35% * 65%

Monday, May 26 (Memorial Day) 92% 1% 7%

Monday, September 1 (Labor Day) 93% 1% 6%

Monday, October 13 (Columbus Day) 14% 0% 86%

Tuesday, November 11 (Veterans Day) 22% * 77%

Thursday, November 27 (Thanksgiving Day) 94% 1% 5%

Thursday, December 25 (Christmas Day) 95% 0% 5%

Note: n = 547-595. Percentages may not total 100% due to rounding. An asterisk (*) indicates < 1%. Respondents who answered “not sure” were excluded from this analysis.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201312

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2014 Holidays Organizations Plan to Observe(by Religious Holidays)

2014 Holiday Closed Close Early Remain Open

Friday, January 31 (Chinese and Vietnamese New Year) 2% 2% 97%

Wednesday, March 5 (Ash Wednesday) * * 99%

Tuesday, April 15 (beginning of Passover) 0% 0% 100%

Friday, April 18 (Good Friday) 21% 5% 74%

Monday, April 21 (Easter Monday) 7% * 93%

Wednesday, June 4 (Shavuot) 1% 0% 99%

Sunday, June 29 (first day of Ramadan) 1% 0% 99%

Thursday, September 25 (Rosh Hashanah) 0% 0% 100%

Friday, October 3 (evening of Yom Kippur) 0% 0% 100%

Saturday, October 4 (Yom Kippur) 1% 0% 99%

Sunday, October 5 (Eid al-Adha/Festival of Sacrifice) 1% 0% 99%

Thursday, October 9 (Sukkot) 0% 0% 100%

Thursday, October 23 (Diwali) * 0% 100%

Wednesday, December 24 (Christmas Eve) 35% 32% 33%

Thursday, December 25 (Christmas Day) 95% 0% 5%

Note: n = 547-595. Percentages may not total 100% due to rounding. An asterisk (*) indicates < 1%. Respondents who answered “not sure” were excluded from this analysis. Only respondents whose organizations are regularly open for business on Saturday or Sunday were asked about holidays that fall on those days.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201313

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Offices closed

Offices remain open

Offices close early

92%

6%

1%

Looking ahead to 2015, will your organization’s offices be closed, close early or remain open on Thursday, January 1, 2015 (New Year’s Day)?

Note: n = 570. Percentages do not total 100% due to rounding. Respondents who answered “not sure” were excluded from this analysis.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201314

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Stay the same

Increase

Decrease

98%

1%

1%

Will the number of paid holidays offered by your organization decrease, stay the same or increase in 2014?

Note: n = 568. Respondents who answered “not sure” were excluded from this analysis.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201315

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Demographics

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201316

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1-99 employees

100-499 employees

500-2,499 employees

2,500-24,999 employees

25,000 or more employees

27%

40%

19%

10%

3%

Demographics: Organization Size

Note: n = 570. Percentages do not total 100% due to rounding.

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013 17

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Privately owned for-profit organization

Nonprofit organization

Publicly owned for-profit organization

Government agency

58%

18%

14%

10%

Demographics: Organization Profit Status

n = 545

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201318

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Demographics: Organization Industry

Note: n = 570. Percentages do not equal 100% due to multiple response options.

Percentage

Professional, scientific and technical services 20%

Manufacturing 15%

Health care and social assistance 14%

Finance and insurance 9%

Government agencies 9%

Educational services 8%

Construction 5%

Transportation and warehousing 5%

Administrative and support and waste management and remediation services

4%

Utilities 4%

Real estate and rental and leasing 3%

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201319

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Demographics: Organization Industry (continued)

Percentage

Religious, grantmaking, civic, professional and similar organizations 3%

Retail trade 3%

Wholesale trade 3%

Accommodation and food services 2%

Information 2%

Mining 2%

Repair and maintenance 2%

Agriculture, forestry, fishing and hunting 1%

Arts, entertainment and recreation 1%

Personal and laundry services * Other 7%

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013

Note: n = 570. An asterisk (*) indicates < 1%. Percentages do not equal 100% due to multiple response options.

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U.S.-based operations only 79%

Multinational operations 21%

Single-unit organization: An organization in which the location and the organization are one and the same

35%

Multi-unit organization: An organization that has more than one location 65%

Multi-unit headquarters determines HR policies and practices 63%

Each work location determines HR policies and practices 4%

A combination of both the work location and the multi-unit headquarters determines HR policies and practices

33%

Is your organization a single-unit organization or a multi-unit organization?

For multi-unit organizations, are HR policies and practices determined by the multi-unit headquarters, by each work location or by both?

Does your organization have U.S.-based operations (business units) only, or does it operate multinationally?

n = 582

n = 585

n = 391

Corporate (companywide) 72%

Business unit/division 12%

Facility/location 16%

n = 391

What is the HR department/function for which you responded throughout this survey?

Demographics: Other

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013 21

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SHRM Survey Findings: 2014 Holiday Schedules

Response rate = 20%

606 HR professional respondents from a randomly selected sample of SHRM’s membership participated in this survey.

Margin of error +/- 4%

Survey fielded July 29 to August 12, 2013.

Survey Methodology

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201322

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Workplace Romance Survey ©SHRM 201323

For more survey/poll findings, visit shrm.org/surveys

For more information about SHRM’s Customized Research Services, visit shrm.org/customizedresearch

Follow us on Twitter @SHRM_Research

About SHRM Research

Project leader: Rob Boyd, SHRM Research

Research intern:Yan Dong, Research intern, SHRM Research

Project contributors:Alexander Alonso, Ph.D., SPHR, vice president, SHRM ResearchEvren Esen, manager, Survey Research Center, SHRM Research

Copy editor:Katya Scanlan, SHRM Knowledge Center

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The Society for Human Resource Management (SHRM) is the world’s largest

association devoted to human resource management. Representing more

than 250,000 members in over 140 countries, the Society serves the needs

of HR professionals and advances the interests of the HR profession.

Founded in 1948, SHRM has more than 575 affiliated chapters within the

United States and subsidiary offices in China, India and United Arab

Emirates.

About SHRM

SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 201324