Federal Holiday Pay
A holiday is a period set aside by law or custom, where normal daily activities, particularly work or business, involving academic work or school are either suspended or limited. In general, public holidays are organized to let people celebrate or recall an occasion or tradition of particular religious or cultural importance. In the US, the government normally designated one national holiday each January and a few others in Christmas, Thanksgiving and July; as well as during the periods September, October and November. The names of such holidays bear some common associations with American life.
Holiday pay is often paid in two ways: directly by the employer (as in federal law) or indirectly through the United States Department of Labor. Federal holiday pay is provided for employees who take leave for holiday vacations. A person may be entitled to holiday pay only if he or she is working and on vacation at the time of the holiday. The regulations concerning the payment of this kind of holiday pay are laid down by Federal law and the conditions also stated in the department’s circulars.
Federal holiday pay is different from private holiday pay because it is not tax-free. This is because of the general nature of the holiday pay. Private holidays are considered income by the employer and Federal holidays are not so. Consequently, the employer has to pay taxes on the holiday pay. Federal holiday pay can be claimed only by an employee who was employed on the date of the holiday. On the other hand, the employee may claim for religious and patriotic holidays in accordance with his choice and entitlement.
In addition to holidays, many employees also opt for annual holidays, sick leave and annual vacations. All these are eligible for holiday pay. Employees may choose to use annual holidays provided that they meet certain requirements. Employees can also choose to use sick leaves as holiday pay. However, they have to use sick leave for one year or more before the next holiday.
The procedure to claim holiday pay is quite simple. If you wish to claim holiday pay, you have to fill up a holiday claim form that is available from the payroll department. You have to provide necessary information about yourself and your employer. Your employer will check whether you qualify for holiday pay or not.
The procedure to claim holiday pay is quite simple and easy. If you wish to claim holiday pay, you have to fill up a holiday claim form that is available from the payroll department. You have to provide necessary information about yourself and your employer. Your employer will check whether you qualify for holiday pay or not.