Common use of Vacation allowance for employees with normal monthly wage Clause in Contracts

Vacation allowance for employees with normal monthly wage. Contrary to the ordinary arrangement of the Vacation Act, by which vacation allowance earned during the previous year is paid instead of wages during the vacation period, full regular monthly wages are to be paid for all months of the year. Wages thus paid during the 35 vacation days are considered an advance on the vacation allowance for the next year. The remaining vacation allowance (the difference between 12% and full wages during the vacation) is to be paid in May of the vacation year. Those terminating their employment during the earning year will get a possible difference paid in cash on leaving. Section 11,3, subsection 2 of the Vacation Act regarding deduction of 1.4% does not apply. Free meals on board are stipulated at NOK 596,- per month. The parties agree on the following calculation of vacation allowance: Earnings during the period + Free meals NOK 596,- per month during the period - 35/365 regular wage during the period (advanced vacation allowance) 12% of basis for calculation (total vacation allowance) - 35/365 regular wage during the period (advanced vacation allowance) All employees are entitled to see this calculation to know the total amount of the vacation allowance, how much is advanced, and how much is to be paid in May or on termination. However, it will not be necessary to state the vacation allowance basis in the wages and deductions statements as most of the vacation allowance is received continuously during the earning year.

Vacation allowance for employees with normal monthly wage. Contrary to the ordinary arrangement of the Vacation Act, by which vacation allowance earned during the previous year is paid instead of wages during the vacation period, full regular monthly wages are to be paid for all months of the year. Wages thus paid during the 35 vacation days are considered an advance on the vacation allowance for the next year. The remaining vacation allowance (the difference between 12% and full wages during the vacation) is to be paid in May of the vacation year. Those terminating their employment during the earning year will get a possible difference paid in cash on leaving. Section 11,3, subsection 2 of the Vacation Act regarding deduction of 1.4% does not apply. Free meals on board are stipulated at NOK 596,- per month. The parties agree on the following calculation of vacation allowance: Earnings during the period + Free meals NOK 596,- 596, - per month during the period - 35/365 regular wage during the period (advanced vacation allowance) 12% of basis for calculation (total vacation allowance) - 35/365 regular wage during the period (advanced vacation allowance) All employees are entitled to see this calculation to know the total amount of the vacation allowance, how much is advanced, and how much is to be paid in May or on termination. However, it will not be necessary to state the vacation allowance basis in the wages and deductions statements as most of the vacation allowance is received continuously during the earning year.

Vacation allowance for employees with normal monthly wage. Contrary to the ordinary arrangement of the Vacation Act, by which vacation allowance earned during the previous year is paid instead of wages during the vacation period, full regular monthly wages are to be paid for all months of the year. Wages thus paid during the 35 vacation days are considered an advance on the vacation allowance for the next year. The remaining vacation allowance (the difference between 12% and full wages during the vacation) is to be paid in May of the vacation year. Those terminating their employment during the earning year will get a possible difference paid in cash on leaving. Section 11,3, subsection 2 of the Vacation Act regarding deduction of 1.4% does not apply. Free meals on board are stipulated at NOK 596,- per month. The parties agree on the following calculation of vacation allowance: Earnings during the period + Free meals NOK 596,- per month during the period - 35/365 regular wage during the period (advanced vacation allowance) 12% of basis for calculation (total vacation allowance) - 35/365 regular wage during the period (advanced vacation allowance) All employees are entitled to see this calculation to know the total amount of the vacation allowance, how much is advanced, and how much is to be paid in May or on termination. However, it will not be necessary to state the vacation allowance basis in the wages and deductions statements as most of the vacation allowance is received continuously during the earning year.

Vacation allowance for employees with normal monthly wage. Contrary to the ordinary arrangement of the Vacation Act, by which vacation allowance earned during the previous year is paid instead of wages during the vacation period, full regular monthly wages are to be paid for all months of the year. Wages thus paid during the 35 vacation days are considered an advance on the vacation allowance for the next year. The remaining vacation allowance (the difference between 12% and full wages during the vacation) is to be paid in May of the vacation year. Those terminating their employment during the earning year will get a possible difference paid in cash on leaving. Section 11,3, subsection 2 of the Vacation Act regarding deduction of 1.4% does not apply. Free meals on board are stipulated at NOK 596,- per month. The parties agree on the following calculation of vacation allowance: Earnings during the period + Free meals NOK 596,- per month during the period - 35/365 regular wage during the period (advanced vacation allowance) 12% of basis for calculation (total vacation allowance) - 35/365 regular wage during the period (advanced vacation allowance) All employees are entitled to see this calculation to know the total amount of the vacation allowance, how much mush is advanced, and how much is to be paid in May or on termination. However, it will not be necessary to state the vacation allowance basis in the wages and deductions statements as most of the vacation allowance is received continuously during the earning year.