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SHRM Survey Findings: 2014 Holiday Schedules October 15, 2013.

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Presentation on theme: "SHRM Survey Findings: 2014 Holiday Schedules October 15, 2013."— Presentation transcript:

1 SHRM Survey Findings: 2014 Holiday Schedules October 15, 2013

2 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 2013 2

3 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 2013 3

4 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 DaysPercentage 0-5 days3% 6-10 days78% 11-15 days18% 16-20 days1% 21-25 days * 4

5 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 DaysPercentage 0-5 days51% 6-10 days41% 11-15 days8% 16-20 days * 5

6 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 2013 6

7 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 DaysPercentage 0-5 days96% 6-10 days4% More than 10 days1% 7

8 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% 8

9 2014 Holidays Organizations Plan to Observe 2014 HolidayClosedClose EarlyRemain 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% 97% Monday, February 17 (Presidents Day)35% * 65% Wednesday, March 5 (Ash Wednesday) * * 99% Tuesday, April 15 (beginning of Passover)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 2013 9

10 2014 HolidayClosedClose EarlyRemain 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% 100% Friday, October 3 (evening of Yom Kippur)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% 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 2013 10

11 2014 HolidayClosedClose EarlyRemain 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% 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 2013 11

12 2014 Holidays Organizations Plan to Observe (by U.S. Federal Holidays) 2014 HolidayClosedClose EarlyRemain 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 2013 12

13 2014 Holidays Organizations Plan to Observe (by Religious Holidays) 2014 HolidayClosedClose EarlyRemain Open Friday, January 31 (Chinese and Vietnamese New Year) 2% 97% Wednesday, March 5 (Ash Wednesday)**99% Tuesday, April 15 (beginning of Passover)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% 100% Friday, October 3 (evening of Yom Kippur)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% 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 2013 13

14 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 2013 14

15 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 2013 15

16 Demographics SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013 16

17 Demographics: Organization Size Note: n = 570. Percentages do not total 100% due to rounding. SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013 17

18 Demographics: Organization Profit Status n = 545 SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013 18

19 Demographics: Organization Industry Note: n = 570. Percentages do not equal 100% due to multiple response options. Percentag e Professional, scientific and technical services20% Manufacturing15% Health care and social assistance14% Finance and insurance9% Government agencies9% Educational services8% Construction5% Transportation and warehousing5% Administrative and support and waste management and remediation services 4% Utilities4% Real estate and rental and leasing3% SHRM Survey Findings: 2014 Holiday Schedules ©SHRM 2013 19

20 Demographics: Organization Industry (continued) Percentag e Religious, grantmaking, civic, professional and similar organizations 3% Retail trade3% Wholesale trade3% Accommodation and food services2% Information2% Mining2% Repair and maintenance2% Agriculture, forestry, fishing and hunting1% Arts, entertainment and recreation1% Personal and laundry services * Other7% 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. 20

21 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

22 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 2013 22

23 For more survey/poll findings, visit shrm.org/surveys shrm.org/surveys For more information about SHRM’s Customized Research Services, visit shrm.org/customizedresearch shrm.org/customizedresearch Follow us on Twitter @SHRM_Research@SHRM_Research Workplace Romance Survey ©SHRM 2013 23 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 Research Evren Esen, manager, Survey Research Center, SHRM Research Copy editor: Katya Scanlan, SHRM Knowledge Center

24 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 2013 24


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