this holiday is celebrated on the anniversary day, on 1 January this holiday is celebrated on the second Monday of each month of October If a public holiday falls on a Sunday, Monday is considered a holiday; If a public holiday falls on a Saturday, Friday is considered a holiday. Public holidays (called in Mexico “feriados” or “días de asueto”) are regulated by the federal government and regulated by the Federal Labor Code (Ley Federal del Trabajo). [1] Most workers, both public and private, have the right to take a day off with regular pay. However, some employers may require employees to work on such a holiday, but the employee must be paid: the debate over whether employers benefit from the PTO offer versus vacation, sick leave, and separate personal vacation plans. In some cases, state law dictates what an employer can offer, as there are legal obligations associated with it, such as: In addition to these dates, election days set by federal and local election laws are also holidays. In Mexico, there are three main types of holidays: An observed holiday is when a holiday is celebrated on a date that is not the actual anniversary of the event. It differs from an observation in a remarkable way, which we explore in the following post. If tracking is important to your business, PredictHQ tracks all holidays, holidays, school holidays, and university holidays around the world, so you don`t have to worry about manual tracking. To learn more, click here.
Dia de la Independence or Anniversario de la Independence, 16. September commemorates Mexico`s independence from Spain and is the main patriotic holiday. Parades are held and many schools are closed. The terms PTO and vacation are often used interchangeably by employees, but they are not the same thing. PTO is whenever an employee is paid while away from work – it`s more comprehensive than “vacation”. Think of it this way: all holidays are PTO, while not all PTO holidays are. Some examples of OTPs include parental leave, jury duty, sick leave, vacation pay or disability leave. Big holidays like Boxing Day, Fourth of July, and Labor Day have a huge impact on business, but what about other holidays you may not know about until it`s too late to update your strategies? We can help you keep track of holidays on a large scale and avoid not understanding the impact on your company`s demand.
While holidays affect demand, PredictHQ`s other event categories allow you to examine the impact of other types of on-demand events. For example, commercial events such as conferences and exhibitions also generate huge demand for many businesses, while for others, concerts, festivals and performing arts have a greater impact. PredictHQ provides detailed and comprehensive coverage in these and many other categories that, combined with holidays, give you a detailed picture of how events drive demand for your business. To understand this difference between an observed holiday and a holiday, here are two examples of observed holidays. If July 4 (Independence Day) falls on a Saturday, it is “regarded” as a holiday on the previous Friday (and is usually a non-working day). If a federal holiday falls on a weekend, the holiday is usually celebrated on the Friday before or the following Monday. Below is a list of federal holidays: There are too many school holidays to follow globally, and they can have a significant impact on your business. For example, summer vacations in San Francisco, USA, affect occupancy rates at hotels as well as other nearby accommodations. Knowing when the holidays are coming with reliable data on global school holidays can help your business prepare and better understand market trends. You can use data from school holiday events in your current predictive models and improve accuracy. Think of events like Valentine`s Day, Mother`s Day, and many more around the world.
Imagine the impact these events can have on your company`s demand, and then many countries and places that have their own regional observations that your company may not have understood. It`s important to track global observations at scale so you don`t get unprepared and don`t miss the opportunity to update your staffing, inventory, and pricing strategies. This is observed on the third Monday in February, but observations are commemoration, consciousness and holidays or events that are not normally non-working days, such as Valentine`s Day, Mother`s Day or Father`s Day. Once upon a time, it was the norm for employers to offer employees separate paid leave to distinguish sick leave from personal days and paid leave. Today, however, an increasing number of organizations have switched to more flexible paid leave (PTO), which combines all policies into one all-inclusive plan. Using OKRs is a great way to achieve goals within an organization. Here are the tips you need to adopt the OKR methodology of your employees and managers. No matter what type of vacation, sick leave, or PTO policy you implement in the workplace, you should encourage your employees to use it.
Create a culture that supports free time – make sure managers lead by example and take vacation days. Eliminate the guilt factor by showing genuine interest in the places where employees travel (asking questions, looking at photos). You could even pay your employees to go on vacation by offering a financial incentive used for flights, hotels or food. There are a few potential downsides (depending on how you look at it) to creating a PTO bank that HR professionals should keep in mind.
