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HOLIDAYS

Policy Revision Date: January 1, 2013


Below is an excerpt from You and Regions for your immediate review. After your start-date, you will have access to the entire policy on life@regions, our corporate intranet site. As a new Regions associate, you are responsible for reading and becoming familiar with all policies in You and Regions.

If you are an Associate of the Regions Insurance Group, this HR Guideline does not apply. Please refer to the current Regions Insurance Group policy. If you have any questions, please contact your RIG HR representative.

Regions determines the official holiday schedule and will post it on life@regions. Regions may be closed on the following major holidays:

  • New Year’s Day
  • Martin Luther King, Jr. Day
  • Presidents’ Day
  • Memorial Day
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans’ Day
  • Thanksgiving Day
  • Christmas Day

Due to business necessity, some Regions locations may be open on certain pre-scheduled holidays.

Local offices may close for other local holidays or occasions when community relations require (such as Mardi Gras). Closing for local holidays or locations must be approved by the Area President. If your office is closed for a local holiday and you are otherwise eligible under the Holidays guideline, you will receive pay for the day.

Holiday Pay

If you are a full-time associate or part time with paid time off benefits, you are eligible for holiday pay after the first day of employment. If you are a part-time without paid time off benefits or temporary Associate, you are not eligible for holiday pay. If you are paid on a commission plan, your commission plan document will specify eligibility for holiday pay, if any.

Holiday pay will be based on the number of hours you would have worked, if Regions had been open. If you do not have a set schedule, you should take your standard work hours and divide by 5.

Ex: 30 standard hours per week/5=6 hours per day. You are entitled to 6 hours of Holiday pay.

You will not receive holiday pay for any holiday during which you would ordinarily not work.

If eligible, you will receive regular pay plus any applicable shift differential for holidays.

Associates who are on approved leave of absence will receive holiday pay if they are in a paid status on the actual holiday. Associates on leave of absence in a no pay status will not receive holiday pay through Regions. Associates on leave of absence earning short term disability, will be paid through short term disability, not Regions.

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