I agree with Steve. However, I think whenever it's feasible, companies should offer time and a half (i.e. overtime rate) and the option for employees to work on holidays. This incentivises employees for working extra & ideally, provides the opportunity for those who do work, the opportunity to earn some extra money.

I think this similar to Steve's suggestion regarding the extra days off. For someone like myself though who doesn't "vacation", I'd personally like the opportunity to make some extra money. Even if I wanted to have a certain holiday off, I'd be hard pressed to turn down an extra 50% pay! :w00t: