December 24, 2006 and December 31, 2006 are “floating holidays”. A “floating holiday” occurs when a holiday falls on a Saturday or when a holiday falls on a Sunday followed by a Monday holiday. Rules for how you can use those holidays vary depending on whether you are a classified or unclassified employee.
Classified Employees — Floating holidays can be used anytime during 2006 and should be used by the end of the calendar year. The usage will be carried as a negative balance on the employee’s earnings statement until the legal holidays actually occur in December. If an employee uses the floating holidays and terminates prior to earning them, a negative balance will result and will need to be repaid by the employee. Hours worked on December 24 and December 31 will need to be compensated at time and one-half. Questions can be directed to Lynn Martinsen in CALS Payroll at 262-2134.
Unclassified Employees — Floating holidays can be used any time in the fiscal year and need to be used by June 30, 2007, or the hours will be lost. Questions can be directed to Sandy Weigt in CALS Payroll at 265-3092.