Skip to content

Home Work life guide page Annual leave Holiday compensation

Holiday compensation

Holiday compensation usually refers to an amount of money paid to the employee at the end of the employment relationship for unused days of holiday.

Holiday compensation corresponds to the annual holiday pay which the employee would have received if he or she had used the holiday. In other words, holiday compensation is not paid if all holidays have been taken by the time the employment ends. The employer and employee are free to agree that accrued holidays must be taken during the notice period.

Education tips on the subject

You can also find out more about the subject in the online training library for working life, which is part of your membership benefits.

Lomapalkanlaskenta

Työsuhdejuridiikan lait – Vuosilomalaki

Remember that in order to view Eduhouse trainings, you must be registered as a user of the online training service. If you are not yet registered, you can do so in the OMA+ service under Webinars and trainings.