4th of July Holiday Announcement

To All Site Management personnel: Please read this carefully and let your supervisor know if you have any questions.

The 4th of July Holiday falls on a Monday this year. Offices will be closed Monday, July 4th in observance of the holiday.

If an employee’s regularly scheduled day off is Monday, another day during the same pay period should be taken as the holiday.

Reminder, the timely depositing of rents during the July 4th weekend is of critical importance.  Managers should schedule office hours and vacations with that in mind.   Please also note that with the holiday occurring on a Monday, every effort should be made to minimize the closing of properties for three consecutive days — Saturday, Sunday and Monday, unless the office is normally closed on Saturday and Sunday.

If your property assesses late fees for any payment not received by the close of business on the 4th day of the month, we recommend that an early arrival to your office on July 5th to gather rent payments from the drop slot is a “best practice”.  Any rent payment you do not gather upon opening the office is to be considered delinquent and subject to a late fee.   Please make banking a priority on Friday July 1st AND on the morning of July 5th.   Also, for Properties scheduled to be open on Saturday, July 2nd, the depositing of rents on that day should also be a high priority for administrative and leasing staff.

How to record your time in Kronos-

  • Your holiday hours are already recorded in your online time sheet. Unless you work on July 4th, you do NOT need to put in any hours for that day.
  • Record your alternate day off during the pay period as your holiday on your time sheet and email Diane (drunyan@cambridgeres.com) noting the day you took your holiday.

Holiday Pay: Who is eligible?

  • Employees who work 20 or more hours per week are eligible for holiday pay after their first 30 days of employment.
  • To receive holiday pay an employee must work both the scheduled day prior and after a holiday unless you have pre-approved paid time off (PTO) by your Manager/Supervisor.

If you have any questions, please ask your supervisor.

 

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