Statutory holidays, also known as public holidays or legal holidays, are days designated by the government or authorities within a particular country or region as days when most businesses, government offices, and institutions are closed and employees are entitled to a day off or premium pay if they work on those days. These holidays are established by law or statute and are typically based on cultural, religious, historical, or national significance.
The specific holidays designated as statutory can vary significantly from one country to another. Examples include New Year's Day, Independence Day, Christmas, Easter, Labor Day, and other culturally or historically significant events. The entitlements regarding pay, time off, or additional compensation for working on statutory holidays also vary depending on local labor laws, collective bargaining agreements, or company policies.