What does taking the employment rate for the qualifying year of the saved days into account mean?

You choose how the saved days should be calculated for your company under Payroll settings and the Holiday tab.

The holiday pay for saved days are calculated differently depending on whether the box Take the employment rate for the qualifying year of the saved days into account has been selected or not. The option is only shown for employees with holiday term 20.

The Annual Leave Act recommends that you do not take the employment rate for the qualifying year of the saved days into account. That is why the box is not checked by default for new companies.

If the box is not checked, there will be no difference in holiday pay for new paid or saved days.

If the box is checked, the holiday pay calculation for paid and saved days will be done according to the following:

Monthly salary * (4.6% + holiday allowance (0.8 or 0.43%)) = holiday pay per day

Holiday pay per year / current employment rate * average employment rate for the qualifying year = holiday pay per day with changed employment rate

This means that different qualifying years for the paid and saved days may mean different holiday pay if the employment rate has changed.

The calculations will only be shown when holiday is taken out.