Common use of Holiday allowance Clause in Contracts

Holiday allowance. Holiday allowance year 1. The year for the holiday allowance shall be equal to the calendar year: the holiday allowance will be accrued from 1 January to 31 December. 2. The holiday allowance is 8% of the gross annual salary received in the year to which the holiday allowance applies. The holiday allowance is based on the salary and, if the employee is or has been ill, on paid sick leave.

Holiday allowance. Holiday allowance year 1. The With effect from 1 January 2016, the year for the holiday allowance shall be equal to the calendar year: the holiday allowance will be accrued from 1 January to 31 December. 2. The holiday allowance is 8% of the gross annual salary received in the year to which the holiday allowance applies. The holiday allowance is based on the salary and, if the employee is or has been ill, on paid sick leave.