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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.

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