Employer Insights

Federal Holidays - The Complete Guide for 2024

Written by Employer Pass | May 13, 2024 8:53:33 PM

Employers should understand what the federal holidays are, and how they may impact areas of the business such as employee scheduling, overtime, payroll processing, and other general business operations.

Federal holidays - also known as public holidays, national holidays, or bank holidays - are designated by the United States government to commemorate significant events, historical figures, or cultural traditions.

These holidays are observed nationwide, and federal employees are typically granted a day off from work. That said, private-sector employers are not required to provide Paid Time Off (PTO) for federal holidays. However, many employers provide these holidays as PTO. An employee handbook should provide insight as to whether or not an employer provides PTO for holidays.

While federal holidays are established by law, each state has the authority to recognize additional holidays specific to its history and traditions.

Understanding federal holidays is important for businesses and individuals alike, as they may impact various aspects of employment, including scheduling, payroll, and more.

2024 Federal Holidays Schedule

The following chart breaks down the federal holidays that are observed in 2024:

 Holiday Date
 New Year’s Day  Monday, January 01
 Martin Luther King, Jr. Day Monday, January 15
Washington’s Birthday (Presidents Day) Monday, February 19 
Memorial Day Monday, May 27
Juneteenth National Independence Day Wednesday, June 19
Independence Day Thursday, July 04
Labor Day Monday, September 02
Columbus Day Monday, October 14
Veterans Day Monday, November 11
Thanksgiving Day Thursday, November 28
Christmas Day Wednesday, December 25

 

Future Federal Holidays Schedule

The following chart breaks down future federal holidays for 2025 and 2026:

Holiday 2025 2026
New Year’s Day Wednesday, January 01 Thursday, January 01
Martin Luther King, Jr. Day Monday, January 20 Monday, January 19
Inauguration Day Monday, January 20 *  
Washington’s Birthday (Presidents Day) Monday, February 17  Monday, February 16 
Memorial Day Monday, May 26 Monday, May 25
Juneteenth National Independence Day Thursday, June 19 Friday, June 19
Independence Day Friday, July 04 Friday, July 03 
Labor Day Monday, September 01 Monday, September 07
Columbus Day Monday, October 13 Monday, October 12
Veterans Day Tuesday, November 11 Wednesday, November 11
Thanksgiving Day Thursday, November 27 Thursday, November 26
Christmas Day Thursday, December 25 Friday, December 25


*Federal employees in the Washington D.C. area are entitled to a holiday every four years on the day the president is inaugurated.  

Is It Required for Employers to Provide Paid Time Off (PTO) for Federal Holidays?

Whether or not an employer is required to provide PTO for federal holidays depends on whether or not they are a federal or private-sector employer.

Do Private Employers Need to Give Time Off for Federal Holidays?

Per the Fair Labor Standards Act (FLSA), private-sector employers are not required to provide Paid Time Off (PTO) for federal holidays. However, many private-sector employers may permit employees PTO on federal holidays. If so, this would be indicated in the employer’s employee handbook.

Do Federal or Public Employers Need to Give Time Off for Federal Holidays?

Federal employers must provide full-time employees with time off for the 11 designated federal holidays, or alternatively, offer replacement holidays to compensate them.

When a Federal Holiday Falls on a Saturday Do Employees Get Time Off?

For federal employees that have a standard workweek of Monday through Friday, the Friday immediately before the federal holiday is observed as the federal holiday for time-off purposes.

For public or private sector companies, employees should refer to the company employee handbook to see how their employer handles holidays that fall on Saturdays.

It is a good practice for private employers to outline all observed holidays that employees will receive time off on at the start of every year.

When a Federal Holiday Falls on a Sunday Do Employees Get Time Off?

For federal employees that have a standard workweek of Monday through Friday, the Monday immediately following the federal holiday is observed as the federal holiday for time-off purposes.

For public or private sector companies, employees should refer to the company employee handbook to see how their employer handles holidays that fall on Sundays.

It is a good practice for private employers to outline all observed holidays that employees will receive time off at the start of every year.

Do Employers Have to Provide Paid Time Off (PTO) for Religious Holidays?

While not required, all public and private-sector employers are typically encouraged to provide “reasonable accommodations” for employees observing a religious holiday, though these arrangements are determined case by case and are often outlined in the company’s handbook.

The regulations governing religious holidays differ for federal and private-sector employers.

However, private employers have more flexibility and may opt to either close on religious holidays or grant employees time off without being subject to the same legal restrictions.

Are Employers Required to Pay Employees Extra for Working a Holiday?

As mentioned in the Fair Labor Standards Act (FLSA), private-sector employers are not legally required to pay their employees extra for working on federal holidays. However, to incentivize employees to work on holidays, many private-sector employers offer time and a half or double-time for hours worked on a holiday.

Public employees who have to work on a federal holiday are entitled to holiday premium pay which is commonly referred to as “double time”. Holiday premium pay is pay for non-overtime hours of work that you are required to work on a holiday. Any public employee who works on a federal holiday may not work more than 8 hours that day.

Banking Holidays & Payroll Processing

It is important to remember that banks generally close on federal holidays. Whether or not the holiday falls on or near a scheduled payday, employers should ensure they begin to process payroll accordingly to ensure that employees are paid on time.

For instance, if payroll takes two business days to process, make sure that you begin processing your payroll at least one day earlier than usual, as federal holidays are not business days.

Managing Federal Holidays in the Workplace

Although not all employers are required to provide their employees with Paid Time Off (PTO) for federal holidays, it is still important to know which days federal holidays fall on and how to manage such holidays, so that employers may adjust work schedules and payroll processing time accordingly.

Federal holidays can pose significant challenges for employers, especially with varying requirements across different states. Without the right tools and solutions in place, administering PTO for federal holidays or otherwise can be complex and time-consuming.

Employers grappling with overtime or PTO for federal holidays or other scenarios should consider seeking help from a trusted HR and payroll provider, or explore modern time and attendance and payroll processing solutions to help formalize and streamline back office processes like these.

Looking for more guidance on federal holiday compliance? Contact us today or connect with a provider that can help.