Policy of Floating Holiday
Every company that provides floating holidays should set up a policy for their use in order to promote employee use of them and avoid misunderstandings and abuse. A copy of this policy should be provided to each and every employee in the organisation. The following guidelines and clarifications ought to be included:
1. Whether the floating holiday must be earned during the year or if it can be utilised immediately.
2. Whether the floating holiday is accessible to part-timers, full-timers, or both.
3. How much time must pass before the manager plans and approves a floating holiday for the employee?
4. How much time must pass before newly hired employees are qualified for the floating holiday?