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This question is about floating holiday.
Are there disadvantages to floating holidays?
Implementing floating holidays into your company's benefits package can positively impact employee satisfaction and productivity. However, drawbacks to floating holidays can arise if you fail to clearly consider and outline the stipulations of your offer. The downsides of floating holidays can be great if you don't establish guidelines for them.
Failing to carefully consider each aspect of your floating holidays offer can result in issues, such as:
Scheduling mishaps
Paying an employee for unused floating holiday time
Dissatisfaction by employees who feel the details weren't adequately explained
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