🦃 A Payroll Professional’s Guide to Thanksgiving Week: PTO, Holiday Pay, and Scheduling Explained

Thanksgiving week is one of the busiest and most confusing times of the year for employers. Between bank closures, PTO requests, holiday schedules, and fluctuating hours, it’s easy for payroll to get messy — fast. And nothing sours a holiday more than a missed or delayed paycheck.

The good news? With the right preparation (and the right payroll partner), Thanksgiving week payroll can run smoothly without stress.

This guide breaks down everything employers need to know about holiday pay, PTO, overtime rules, and Thanksgiving-week payroll timing to keep both compliance and employee satisfaction high.

🍂 1. Understanding Thanksgiving Holiday Pay

Thanksgiving Day is a federal holiday, but that doesn’t automatically mean employees must be paid for it.

Is holiday pay required?

In most states, no. Federal law (FLSA) does not require private employers to provide paid holidays.
However, most companies choose to offer it because:

  • It supports employee morale

  • It's an expected benefit in many industries

  • It helps with retention

  • It makes you competitive in the hiring market

Who gets holiday pay?

This depends on your internal policy. Common approaches include:

  • All full-time employees

  • Full-time plus part-time with minimum tenure

  • Employees scheduled for the day before and after the holiday

  • Employees not on disciplinary status

Premium Holiday Pay

Some employers offer time-and-a-half or double-time for employees working on Thanksgiving.
Industries like healthcare, hospitality, retail, and public safety rely on this heavily.

🍁 2. PTO Requests Surge — Here’s How to Handle It

Employees often request extra days off around Thanksgiving, especially the Friday after.
This creates two challenges:

✔ Staffing shortages

✔ Payroll calculation complexity

Make PTO clear and consistent

Policies should cover:

  • How far in advance PTO needs to be requested

  • How overlapping requests are prioritized

  • Whether PTO is paid from an accrual bank or unlimited system

  • Rules for “blackout dates” (common in retail)

Using an HRIS like isolved helps

Self-service PTO requests reduce errors, improve audit trails, and keep communication clean — something Aquila clients already benefit from.

🏦 3. Thanksgiving Week Payroll Cutoffs and Direct Deposit Timing

This is the most overlooked payroll issue of the holiday.

Banks close on Thanksgiving.

Many also operate with limited hours on Friday.

That means if your normal payday falls on:

  • Thursday → you may need to process early

  • Friday → your direct deposit cutoff may be earlier than usual

What employers should do:

  • Check your bank’s holiday processing schedule

  • Notify employees early if payroll dates change

  • Submit payroll 1–2 days sooner than usual

  • Work closely with your payroll provider

Aquila Payroll Services monitors these schedules and alerts clients to cutoff changes so paydays always run on time.

🕒 4. Overtime Rules During Holiday Weeks

Here’s a big myth we hear every year:

“Employees get overtime if they work more than 8 hours or if a holiday falls in the week.”

Not quite.

Federal law (FLSA) only requires overtime when:

  • An employee works over 40 hours in a workweek

Holiday hours do not count as worked hours

Paid holidays do not contribute to overtime calculations unless your company policy says they do.

Example:

An employee works 32 hours + 8 hours holiday pay
→ Total gross = 40 hours
→ Overtime? No

If your policy is different, consistency is key.

🛎 5. Tips for Keeping Thanksgiving Payroll Smooth

📌 Send out a “Holiday Payroll Reminder” message

Keep employees informed about:

  • Adjusted pay dates

  • Early timecard deadlines

  • PTO approvals

📌 Finalize schedules as early as possible

This reduces last-minute clock corrections or rushed approvals.

📌 Double-check all exempt/non-exempt classifications

Misclassification during holiday weeks is a common source of wage complaints.

📌 Encourage employees to verify direct deposit info

This prevents delays that can't be fixed during bank closures.

📌 Lean on your payroll provider

A good provider will:

  • Monitor bank holidays

  • Adjust processing windows

  • Handle special holiday rules

  • Provide faster support if issues arise

At Aquila, we handle all of that — with isolved’s automated workflows reducing headaches even further.

🦅 How Aquila Payroll Services Supports You Through Holiday Payroll

Thanksgiving shouldn’t be stressful for employers. With Aquila, you get:

  • Accurate holiday pay processing

  • Automatic overtime calculations

  • Early holiday-week cutoff alerts

  • PTO tracking and approvals through isolved

  • Fast support when you need it

  • Smooth year-end processing right around the corner

We help businesses of all sizes enjoy a holiday season with fewer surprises and more confidence.

Previous
Previous

Your Complete Q4 & Year-End Payroll Checklist: What Every Business Needs to Prepare Before the New Year

Next
Next

ACA Reporting Doesn’t Need to Be Scary: A Simple Guide for Employers with 1–100+ Employees