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At least in North America we get every observed holiday on every year. There are places (hi France) where if it falls on Sat/Sun and if you're a M-F employee, y
by Scoundreller 3y ago
At least in North America we get every observed holiday on every year. There are places (hi France) where if it falls on Sat/Sun and if you're a M-F employee, you just don't get that holiday that year. Of course you have a pile of vacation time to use if you want.
- zoover2020 3y agoDoesn't France come with 25+10 holidays, though?
- Scoundreller 3y agoThe +10 (or whatever it is) fluctuates by year is my point.
- zoover2020 3y agoI'm not talking about public holidays, but turns out it's 2.5 days for each worked month - so 30 per year excluding the public ones
- pyrale 3y agoIt's 30 days including saturdays, or 5 weeks ; which means it's actually 25 days.
- pyrale 3y agoNo. It's 25. Th +10sih comes if you work more than weekly hours, or if you have a day-based contract (i.e. you don't count hours). Most day-based contracts are written saying "you owe x days to the company in a given year", so a holiday on a weekend becomes irrelevant.
- epolanski 3y agoIn Italy you always get compensated for those holidays, always, either with money (so you're paid an additional day) or additional vacation days.
- NovemberWhiskey 3y ago>At least in North America we get every observed holiday on every year. Ah, but that's not so. For example, if New Year's Day falls on a Saturday, then the NYSE doesn't observe the following Monday as a holiday - happened in 2022, for example.
- Scoundreller 3y agoah, thanks for reminding me. I had some Canadian investments to move that day, and I could see if it made sense to move it at the "frozen" price that day (Canadian markets were closed), or better to wait for them to drop the next day. Saved me tens of tax dollars!
- Kon-Peki 3y agoLook up NYSE rule 7.2 - a public holiday that occurs on a Saturday is typically observed on the Friday prior to the holiday, except in cases where that would interfere with quarter-ends and other unusual circumstances. This is why the New Years Day observance is sometimes skipped - December 31 is a quarter-end. They also avoid being closed more than 3 consecutive days, which is why they are open for trading on Black Friday (but they do close early!).
- vasco 3y agoI know our american friends live to work but 25 days vacation isn't even that much.
- robertlagrant 3y agoIt's a lot less than 365, it's true.
- vasco 3y agoI could've expanded but for senior engineers or managers in europe it's generally easier to get better vacation packages even before adding in public holidays. I know I value extra 10 days of vacation more than like $50k/year extra on my salary.
- vundercind 3y agoMost Americans have something like 0-15 paid vacation days.
- contrarian1234 3y agoDumb tangential question When you guys quote salaries in monthly figures.. Is the hourly rate fluctuating month to month based on the number of weekends and holidays? Or it vis a vis some standard amount of work days?
- pchangr 3y agoYou usually calculate it on a yearly basis. Yearly wage / yearly hours works
- Ekaros 3y agoAlso in Finland your effective hourly rate can fluctuate by year. That is if your salary is monthly. Depends on sector, but the hours worked depend on things like if you do shift work.
- kristjansson 3y agoRate tends to be set annually and prorated monthly or biweekly. Bills tend to be monthly, so the latter is kind of a PITA.