Effective Jan. 1, 2025, benefits-eligible regular non-bargained-for staff have access to an additional paid Floating Holiday each year. Staff covered by a collective bargaining agreement should consult their contract regarding eligibility for the new holiday.  

A new time reporting code will be available to report the Floating Holiday, HFT (Holiday Float). Additionally, a new Leave Plan Bank will be added for each eligible employee that includes the Floating Holiday hours available. Each employee will have 8 hours times FTE (appointment fraction) added to the bank on the first of each year going forward.

Things to remember about Floating Holiday use:

1. Must be used all at once on one day (incremental use is not allowed).
2. Must be pre-scheduled and approved by the supervisor (much like a PTO day).
3. Floating Holiday is prorated so no pay or PTO may need to be added to supplement when used.
4. Unused Floating Holidays do not carry over into subsequent years (use it or lose it).
5. Cannot be used for a last day worked when going on LOA or Terminating from the University.
6. Cannot be used to bridge to extended sick or extend a medical leave of absence.
7. Cannot be used on a UM designated Holiday.
8. Floating Holiday is not included in the calculation towards Overtime for any staff.
9. If called into work on a scheduled Floating Holiday, the day turns into a regular work day and the Floating Holiday must be rescheduled.

Please review updates made to the U-M Health Holiday Policy IV., E. on Policy Stat that describe the Floating Holiday rules and regulations.

The January 2025 Payroll Calendar is now available on the MMHR website.

To receive Outlook payroll calendar reminders, follow these instructions to add the Outlook calendar Michigan Medicine Payroll Cutoffs & Due Dates.