Question 1

What is lomaraha in Finland?

Accepted Answer

Lomaraha (holiday bonus) is a payment made by many Finnish employers when an employee takes their summer vacation. It is typically 50% of the vacation pay earned, though it is not required by law but rather by collective agreements.

Question 2

How is vacation pay (vuosilomakorvaus) calculated?

Accepted Answer

Vacation pay is calculated as your daily wage multiplied by the number of vacation days. For salaried employees, this is straightforward. For hourly workers, an average daily wage based on recent earnings is used.

Question 3

What happens to unused vacation days?

Accepted Answer

Unused vacation days can typically be carried over to the next year or must be compensated as vacation pay (lomakorvaus) if employment ends. The rules depend on your employment contract and collective agreement.

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