Holiday Calendar

Meaning & Definition

Holiday Calendar refers to the calendar of holidays announced by an organization on a yearly basis. Such a calendar usually consists of both national and company holidays, which enables the planning of employee schedules and payslip generation easily.

Important Features of Holiday Calendar

• Assists employees in making their leave and schedule plans beforehand.
• Guarantees smooth employee planning and operational processes.
• Assists in proper payroll and attendance tracking.
• Provides transparency in leave and holiday arrangements.
• Ensures that corporate holidays coincide with regional and national holidays.

Compliance Requirements

Holidays have to be synchronized with the legal holidays prescribed under the Indian labor laws.

• Must comprise national holidays such as Republic Day, Independence Day, and Gandhi Jayanti.
• Subject to the Shops and Establishments Act (applicable state-wise).
• The Factories Act, 1948, prescribes some holidays for the employees.
• Organizations may add some holidays of their own as per the organization’s policies.