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RH, also called optional holiday
A holiday the employee picks from a published list, up to a set number in the year, instead of a day the whole organisation takes off. It lets an employer recognise many festivals across a diverse workforce without closing for all of them.
Restricted holidays are published with the annual holiday calendar, usually in December or January. Employees choose a limited number from the list over the year, and HR sets the rules for how they are applied for and whether unused ones lapse.
The employee applies through leave management like any other leave, and the manager approves it. Since holiday lists vary by state and location, a company with several offices often publishes a separate list for each.
The common mistake is treating an unused restricted holiday as earned leave, either carrying it forward or encashing it. Unless the policy says otherwise, it lapses at year end. HRMagix covers leaves and holidays as a module.
Typically a small number from a published list, set by company policy. The list is often based on regional and religious festivals.
Yes, the terms are used interchangeably. The employee picks which days to take from the list.
Usually not. Unused restricted holidays lapse at year end and are rarely encashed.
Usually yes, applied for like leave so managers can plan cover. Unlike a fixed holiday, the office stays open on that day.
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