Enable Default schedule exceptions (holidays) to populate on user Time Off calendars

It would be very helpful to have an on/off toggle to allow default schedule exceptions (holidays) to populate on the time off calendars for users who are assigned to that default schedule. Holidays would appear in one color, and user personal time off in a different color, distinguishing the two. 

This would prevent users from requesting time off on days that were already holidays, as well as giving users a quick and easy way to see the company holidays without having to set up a holiday “project” and a separate calendar as others have mentioned as a workaround.