NWO-I

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URL of this page :
https://www.nwo-i.nl/en/personnel/employment-regulations/avom/objects/payment-for-holiday-hours-object-2/

Printed on :
April 24th 2019
06:28:02

You can trade a maximum of 120 holiday hours for payment. For part-timers this is in proportion to the scope of their employment. The amount you receive for a holiday hour is described in the section resources/investment of holiday hours.

Example
An employee has a gross salary of € 5,212.00 per month. Selling 120 holiday hours gives this employee € 5,212 : 165 x  120 x 1.1633 = € 4,409.54 gross, or around € 2,116.00 net.