Payroll

The new holiday year

2 min read

The new holiday year starts on 1 September 2023 and runs until 31 December 2024.

Concurrent holiday

Concurrent holiday means that employees earn their holiday and can take it at the same time as they earn it. The employee earns 2.08 days of holiday per month, which can be taken in the following month.

Accrual period

Holiday is earned between 1 September in one year and 31 August the following year. That gives a period of 12 months in which holiday is earned. Since the new Holiday Act came into force in 2020, we have what we call concurrent holiday. As mentioned, this means that the holiday the employee has earned can be taken after the first month of employment.

Holiday-taking period

The holiday-taking period for the holiday earned runs from 1 September in one year to 31 December the following year. That gives a period of 16 months in which holiday can be taken.

Remember to take all the holiday

Holiday earned in the old holiday year must be used before it expires, and it expires on 31 December. It's only possible to transfer 5 days of holiday to the new holiday year. Holiday beyond this that isn't taken will be lost. So it's important to use the oldest days of holiday first. Read more about the 5th holiday week.

Zenegy's payroll system automatically uses the oldest days of holiday

Zenegy's payroll system is set up to automatically use the oldest days of holiday first. This means that when an employee registers holiday, it's automatically the employee's oldest days of holiday that are used first.

In Zenegy's employee app, employees can easily get an overview of their holiday balance. All employees also get access to a personal holiday guide in the employee app, showing how many days of holiday have been earned and when they must be taken by. Read more about Zenegy's employee app here.

Also read Zenegy's blog post ‘Rules for planning your employees' holiday’. Among other things, you can read more about sickness during holiday and giving notice of holiday. Go to the blog post here.