De Unie, in your interest

Your work and income

The value of your vacation days

July 15, 2021

It is important to be able to take a vacation from work. For you, but also for your employer: you will return to work refreshed and energetic afterwards, which benefits your performance. So emotionally speaking, your vacation days are invaluable. But sometimes the financial value also becomes important. When it comes to your salary during the holidays, for example, or if you want to have days commuted. What is the financial value of your holiday?

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 This is worth one day off

To calculate what one vacation day is worth, add the following parts together:

  • the gross wage you earn in one day
  • all fixed allowances and allowances, such as:
      • > holiday allowance
      • > fixed thirteenth month
      • > fixed year-end bonus
      • > profit sharing
      • > personal allowances that you receive on a regular basis
      • > commission you receive on a regular basis
      > bonus over a representative period

Incidental or variable surcharges, such as an expense or travel allowance, are therefore not included. In many cases the same applies to the employer's part of the pension premium.

When is it important how much a vacation day is worth?

Firstly, if you want to check whether you are getting enough salary. During your holiday you are entitled to just as much salary as usual. Do you feel that you have received too little? Please contact our legal advisors and we will look into it for you together.

The financial value of a vacation day also becomes relevant when you sell days, for example when you leave employment or have saved more than you can get. Do you agree with your employer that you will sell your vacation days? Then you have to get the right amount for that.

When can you buy off days?

If you leave employment, you can have all your vacation days surrendered by your employer: you will then be paid them with the final settlement. Aren't you going out of service? In that case, you can only have your holiday days in excess of the statutory entitlement: all extra days that your employer offers you, on top of the statutory minimum (four times the number of hours you work per week). Redemption of your extra-statutory vacation days is only possible with your consent. You can only sell your statutory vacation days if you leave employment.

More information

Do you feel that your employer pays you too little during your holiday, or that you have received too little for the holiday days that you have surrendered? Then contact us right away, our legal specialists will make it happen. We are available every working day from 8.00 am to 18.00 pm via sc@unie.nl and 0345 851 963.

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