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In FY16, the firm recognizes 12 paid holidays (this includes seven designated national holidays,
three extended firm holidays and two floating holidays*). The number of floating holidays that a
newly hired staff member is entitled to depends on their date of hire (prorated in Table 1).
All offices will be closed on the following days.
Office Closed
Holiday
Labor Day
Thanksgiving Day
Christmas Day
Memorial Day
Note: Scheduled holidays (including extended firm holidays) are non-transferable (i.e., if a
scheduled holiday occurs during a leave of absence, you will not be entitled to time off to make up for
the scheduled holidays you have missed).
*Floating Holidays
This number may vary in some offices due to recognition of local holidays (e.g., Patriots Day).
Floating Holiday Entitlement for New Hires
The number of floating holidays that a newly hired staff member is entitled to depends on their date
of hire. Below is a chart that sets forth the policy for staff members hired after July 1, 2015, indicating
the number of floating holidays earned.
Date Hired
Days Earned
7/1/1512/31/15
1/1/163/31/16
4/1/166/30/16
Table 1
Generally, floating holidays may be taken any time during the fiscal year. However, approval should
be obtained prior to taking a floating holiday to ensure no client or scheduling conflicts exist. The use
of a floating holiday might be for any reason such as Presidents Day, Martin Luther King, Jr. Day or
religious or ethnic observances such as Good Friday and Yom Kippur. Providing this discretion to
partners and staff underscores commitment to Work/Life effectiveness and to the belief that partners
and staff should have the flexibility to decide what days fit their diverse needs. Floating holidays must
be taken prior to June 30 in each fiscal year as they do not accrue or roll into subsequent years, unless
otherwise mandated by local or state law. Also, individuals who terminate their employment are not
paid for unused floating holidays, unless otherwise mandated by local or state law.
Early Office Closings
At the discretion of the Market Managing Partner in conjunction with the Market Council, offices may
close two hours early the day prior to a firm holiday in order to offer people time to plan their holiday
time accordingly.
Charge Codes
Holiday WBS code: 9.0000001.002 Use for firm designated national, extended firm, and
floating holidays
Lost Time WBS code: 9.0000001.006 Use for early office closings
Use the Lost Time WBS code for early office closing hours in the following circumstances:
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member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.