The purpose of annual holiday is to provide employees with an opportunity to recover from the stress resulting from work. As a rule, employees are entitled to four weeks of summer holiday and one week of winter holiday. In short employment relationships the annual holiday is shorter.
Employees earn days of holiday by working during the holiday credit year (1 April - 31 March). Employees are entitled to holiday pay for the duration of the holiday. As a rule, the holiday pay is equivalent to the regular pay.
Many of the provisions concerning annual holidays are laid down in collective agreements.
The employer’s obligation to pay holiday bonus is based on collective agreements, employment contracts or well-established practices. Holiday bonus is 50% of the holiday pay. There are no provisions in the Annual Holidays Act obliging employers to pay holiday bonus.
Guidance and supervision of labour legislation: Occupational Safety and Health Administration (Osha)
Law-drafting: Tarja Kröger, tarja.kroger(at)tem.fi