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Holiday pay
In some jurisdictions, holiday pay is an allowance which an employee earns through work in the calendar year prior to the year of the holiday. It is usually a percentage supplement to the salary that has been paid the year before the holiday pay is to be paid.
Holiday pay is a legal term in Norway (feriepenger),[1] Sweden (semesterlön),[2] Denmark (feriepenge),[3] Belgium[4] and the Netherlands[5] (vakantiegeld, vakantieuitkering, or pécule de vacances), Germany[6] and Austria (Urlaubsgeld).[7]
- ^ "The tax system in Norway: do you know your feriepenger from your skattemeldingen?". IRIS FMP International. 2017-12-19. Retrieved 2021-01-03.
- ^ "Why you get paid MORE when you take time off in Sweden". Retrieved 2021-01-03.
- ^ "EXPLAINED: Denmark's 'frozen' holiday pay: how does it work and what are the problems with payouts?". The Local Denmark. 2020-08-15. Retrieved 2022-01-15.
- ^ "Employment Law in Belgium: In-depth | Croner-i". app.croneri.co.uk. Retrieved 2022-01-15.
- ^ Evans, Tina. "What is Holiday Allowance (Vakantiegeld) in the Netherlands? - Blue Lynx". Retrieved 2022-01-15.
- ^ "Employment and employee benefits in Germany: overview". Practical Law. Retrieved 2022-01-15.
- ^ "Employment and Employee Benefits in Austria: Overview". Practical Law. Retrieved 2022-01-15.
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