Answer: 76%

Thanks to NGPF Fellow Brian Page (listen to his podcast here) for sending along this very timely idea on Labor Day. 

Questions:

• Do you think paid holidays are a valuable employee benefit? Explain. 
• What types of jobs do you think offer paid holidays as a benefit?
• What do you think are the holidays that companies typically pay for? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the Numbers (From Bureau of Labor Statistics):

Over 3 in 4 civilian workers² (76 percent) received paid holidays in March 2017.³ Paid holidays cost employers an average of 74 cents per employee hour worked.⁴ Among civilian workers who received paid holidays, 92 percent received Labor Day as a paid holiday, with 91 percent of private industry workers and 96 percent of state and local government workers receiving the holiday.

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About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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