Monday, January 16, 2012

70% Of U.S. Companies Will Be Open On MLK Jr. Day

Today is Martin Luther King Jr. Day, a federal holiday. Roughly seven in 10 U.S. companies will still be open for business, though.

A new Bloomberg Bureau of National Affairs workplace survey tells us that 31% of U.S. employers will give their workers a paid holiday today. That's slightly more than three in ten U.S. employers. Well, it's an increase of 1% over last year and an increase of 3% over 2010, so that's progress? It's certainly better than 1987, when 14% of employers designated Martin Luther King Day as a paid holiday for employees. MLK Jr. Day was first observed in 1986.

Government employees are more likely to have today off:
Consistent with past years, nonbusiness employers are much more likely to make Martin Luther King Day a paid holiday than are nonmanufacturing or manufacturing establishments. More than six in ten nonbusiness organizations (61 percent) will make January 16 a paid holiday, compared with 23 percent of nonmanufacturing firms and 8 percent of manufacturers.

Organizations with a union presence are somewhat more likely than those without one to designate Martin Luther King Day as a paid holiday (41 percent of unionized establishments compared with 29 percent of nonunion organizations). Larger organizations with 1,000 or more employees are more apt than their smaller counterparts to give their employees paid time off on Martin Luther King Day (39 percent versus 28 percent).

Today is also the MLK Day of Service, which urges us all to give back to our communities through volunteer work. You can visit the official website to find volunteer projects in your community or to post your own volunteer projects. Here's a promo for the Day of Service.

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