How do employers typically handle holiday pay policies?

Question

Description:

I’m working in a mid-sized company, and there’s some confusion around how holiday pay is handled. Some coworkers say they get extra pay when working on official holidays, while others claim it’s just regular pay or compensatory off days. I’d like to understand the common practices employers follow regarding holiday pay. How do companies usually structure these policies, and what should I expect or negotiate for when it comes to holiday work compensation?

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