U.S. companies rush to change their calendars for new Juneteenth holiday
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[June 19, 2021]
(Reuters) -U.S. companies scrambled
to put in place policies that would allow employees to take a day off
after President Joe Biden signed a bill late on Thursday to recognize
June 19, or "Juneteenth", as a federal holiday.
Juneteenth has been a holiday in some U.S. states, but the move has
pressured more companies to declare the day a holiday. With Juneteenth,
the first new federal holiday created in nearly four decades, falling on
a weekend, some companies, including JPMorgan Chase & Co and Bank of
America Corp, have allowed U.S. employees a floating day off.
Many U.S. companies had observed Juneteenth last year, when the United
States was rocked by protests against racism and policing following the
murder of George Floyd, an African-American man, by a Minneapolis police
officer.
More than 800 companies said they would offer employees a paid day off
for Juneteenth as of Friday morning, said Hella Creative, which started
an online signature campaign for firms recognizing the holiday.
Retailer Target Corp said the day would remain an annual company holiday
moving forward, while it would be a paid holiday at Yelp. Nike said it
would close all U.S. operations, like it did in 2020.
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Norma Ewing of Seattle holds a sign as people gather at Judkins Park
for Juneteenth, which commemorates the end of slavery in Texas, two
years after the 1863 Emancipation Proclamation freed slaves
elsewhere in the United States, in Seattle, Washington, U.S. June
19, 2020. REUTERS/Lindsey Wasson
Coffee chain Starbucks Corp said its stores would
remain open, but hourly workers would be paid at 1.5 times their
regular rate and salaried staff will receive a holiday in lieu.
(Reporting by Niket Nishant in Bengaluru and Matt Scuffham in New
York; Additional reporting by Noor Zainab Hussain, Nandakumar D and
Nivedita Balu in Bengaluru; Editing by Arun Koyyur, Shounak Dasgupta
and Sriraj Kalluvila)
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