2023 Payroll calendar

Overview

As payroll is run, it's important to keep track of what holidays banks recognize. Payroll runs are calculated using business days, not calendar days—with that in mind, holidays are not recognized as a business day.

For example, if there is a holiday on Friday and an employer wants to have their check date on Monday, the cutoff time to create an employer check would need to be created by Wednesday (instead of by Thursday if there was no holiday).

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2023 payroll and bank holidays

Holiday name Date
New Year's Day (observed) January 2, 2023
Martin Luther King Jr. Day January 16, 2023
President's Day February 20, 2023
Memorial Day May 29, 2023
Juneteenth National Independence Day June 19, 2023
Independence Day July 4, 2023
Labor Day September 4, 2023
Indigenous Peoples' Day October 9, 2023
Veterans Day (observed) November 10, 2023
Thanksgiving Day November 23, 2023
Christmas Day December 25, 2023

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Frequently Asked Questions

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2023 Payroll calendar