Holiday Pay in Westland - Payment and Amount
Holiday pay, also known as holiday allowance, is a statutory right of at least 8% of your gross annual income.
Statutory Minimum
The minimum amount for holiday pay is 8% of your gross annual salary. Some collective labour agreements (CAOs) apply a higher percentage.
Payment Date
Holiday pay is usually paid out in May or June, calculated over the period from June of the previous year to May of this year. Deviating arrangements may occur.
How Is It Accrued?
The accrual of holiday pay takes place over all salary components, such as overtime hours and extra allowances.
Upon Termination of Employment Contract
If your employment ends, you will receive the accrued holiday pay in the final settlement.
No Waiver of Right
The right to holiday pay cannot be waived or relinquished.
Statutory basis: Minimum Wage and Minimum Holiday Allowance Act
Frequently Asked Questions about Holiday Pay
How do I determine my holiday pay?
Your holiday pay is at least 8% of your gross annual income, including salary, bonuses and allowances. Multiply your gross annual salary by 0.08 for the base amount. Check your CAO or contract for possibly higher percentages. Your payslip often shows the accrued amount.
When do I receive my holiday pay?
The payment usually takes place in May or June, over the period from June of the previous year to May of this year. This may vary per employer. Consult your contract or CAO for the exact date. Upon dismissal, you receive the accrued amount in the final settlement.
Can my employer pay less than 8%?
No, 8% is the statutory minimum and may not be lower, except in statutory exceptions. Some CAOs offer a higher percentage, such as 8.5% or more. Check your payslip and contract if in doubt. In case of underpayment, you can contact the Netherlands Labour Authority (Inspectie SZW).
Is holiday pay calculated on gross or net salary?
The calculation is based on your gross annual salary, including allowances and overtime. Net salary plays no role. You therefore receive at least 8% of your total gross income. Note: tax is levied on holiday pay, which reduces the net amount.
What if I am sick or receiving unemployment benefits (WW)?
During illness, you accrue holiday pay on your received salary. While on unemployment benefits (WW), you do not receive holiday pay, as this is not salary. For part-time work during WW, you do accrue holiday pay on the earned portion. Your right remains in place during illness.