Holiday allowance in the Netherlands. Annual Leave Accrued is an indication of what the employee will become entitled to when they reach their next employment anniversary date. So, what is it exactly, why do we have to contribute to it — and what does it do for us?eval(ez_write_tag([[468,60],'dutchreview_com-medrectangle-3','ezslot_7',188,'0','0'])); Dutch Holiday allowance is a mandatory payment by employers of an extra wage to their employees. If you inform your employer immediately then you can have the sick days logged sick leave and then use your holiday at a later date (just don’t abuse this system guys —not cool!). The Dutch housing crisis explained, Housing & rental scams in the Netherlands: ultimate red flag guide, Rental deposits in the Netherlands: how to get your cash back, 7 things to consider when renting out your house in the Netherlands, 7 ways to learn Dutch fast and easy: our best tips to learn Nederlands in life, How to stay motivated while learning Dutch (and stop procrastinating). The employee would get paid $12.50 x 3 hours for the holiday. Sometimes, employers give double pay or time-and-a-half pay if an employee works on a holiday, but it’s not required by law. If you are employed in the Netherlands then you are required to contribute a portion of your wages towards your vakantiegeld (holiday allowance.) Annual Leave Due is shown in hours and its value is based on the employee's average pay rate. Sounds like a snoozefest, right? How much holiday allowance should you pay? To review the minimum wage (only in Dutch language), please check here. Holidays can be build up by the employee during the calendar year, however, when the years finishes, the employee should have used these holidays or will soon use the holidays, otherwise the holidays can expire. Yeah,... From Sinterklaas to Koningsdag, the Netherlands can be quite a festive place (perhaps to distract from the dull weather, but who knows.) Side note: Although it is common to receive holiday allowance in May, some employers spread it out throughout the year. Under Dutch labor law, employees are granted a generous number of vacation days in the Netherlands and holiday pay. I’m sorry to say it is. 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The Holidays Act 2003 provides employees with a minimum of four week's annual holidays 12 months of continuous employment. Holiday Pay is typically 8% of gross earnings and is shown as a dollar amount. Under the FLSA, employers are not required to pay employees for any time that isn’t … So have no fear, you can quit and still have your allowance to go on that planned trip. 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