Salary · holiday pay 2026
Holiday pay & holiday bonus calculator 2026
Annual leave accrues at 2 days per month (employment under 1 year) or 2.5 days (over 1 year), i.e. up to 24 or 30 vacation days per credit year. For monthly-paid employees, holiday pay is the normal salary during the leave.
Many sectors also pay a holiday bonus (lomaraha), typically 50% of the holiday pay. It is based on the collective agreement, not the law. Enter your salary and length of employment — the calculator estimates the days, holiday pay and holiday bonus.
Calculate your holiday bonus
Pay typeLength of employment (by 31 March)Holiday bonus (lomaraha)
€1,800
| Accrued vacation days | 30 days |
| Holiday pay (lomapalkka) | €3,600 |
| Daily pay (salary / 25) | €120 |
| Holiday bonus (lomaraha) | €1,800 |
The holiday bonus is taxed as normal earned income. See how much you keep: net salary calculator
Vacation accrual and holiday pay are based on the Annual Holidays Act (Vuosilomalaki 162/2005). The lomaraha bonus is not statutory — it is based on the collective agreement or your contract, usually 50% of holiday pay, though some sectors do not pay it. Days are rounded to 0.5, capped at 24 (under a year) or 30 (over a year). Check your own collective agreement; this calculator is indicative.
How is the holiday bonus calculated?
Vacation accrues for each full credit month (a month with at least 14 work days or 35 hours): 2 working days if employment has lasted under a year by 31 March, or 2.5 days if at least a year. The credit year runs 1 April – 31 March. For monthly-paid employees, holiday pay equals normal pay and the daily pay is the monthly salary divided by 25. The lomaraha is usually 50% of holiday pay: (monthly salary / 25) × vacation days × 0.5. For hourly or variable pay, holiday pay is 9% (under a year) or 11.5% (over a year) of the credit-year earnings, and the lomaraha is 50% of that.
How are holiday pay and the holiday bonus calculated?
Leave accrues over the credit year (1 Apr–31 Mar): 2 working days per month if employment has lasted under a year on 31 March, and 2.5 days if over a year. The maximum is 24 or 30 days. Leave accrues for a full credit month (at least 14 working days or 35 hours).
For monthly-paid employees holiday pay equals normal salary during the leave; the value of one vacation day is the monthly salary divided by 25. For hourly and commission pay, holiday pay is percentage-based: 9% (under a year) or 11.5% (over a year) of the credit-year pay.
The holiday bonus (lomaraha) is typically 50% of the holiday pay and is based on the collective agreement — it is not statutory, so not all sectors pay it. Both holiday pay and the holiday bonus are taxable income.
Frequently asked questions
How much leave do you accrue?
2 working days per month if employment has lasted under a year (max 24 days), and 2.5 days if over a year (max 30 days). Leave accrues for a full credit month.
What is the difference between holiday pay and holiday bonus?
Holiday pay is the salary you get during the leave (statutory). The holiday bonus is a separate supplement, typically 50% of holiday pay, based on the collective agreement and not statutory.
How much is the holiday bonus?
The holiday bonus is usually 50% of holiday pay. For example, if your holiday pay is €2,000, the bonus is about €1,000. The amount and terms depend on the sector's collective agreement.
Is the holiday bonus mandatory?
It is not statutory. Holiday pay is statutory (the Annual Holidays Act), but the holiday bonus is based on the collective or employment agreement. Most sectors do pay it, though.
Is the holiday bonus taxed?
Yes, both holiday pay and the holiday bonus are taxable earned income. They are added on top of annual income, so tax is withheld at the marginal rate.