For Cantilever Europe employees our Holiday pay will look a little different based on the laws in their respective country. Currently we have the following Countries:
Denmark (Holiday year runs from September 1-August 30th)
In 2020, Denmark has introduced the concept of concurrent holidays. This concept allows employees to earn 2.08 holiday days each month, which they have access to use immediately, as opposed to the old scheme where workers earned holiday days for the following year.
- Salaried: are entitled to be paid their usual salary during annual leave plus a lump sum of 1 per cent of the gross annual salary; a so-called Holiday Allowance (ferietillæg) subject to certain deductions. The annual Holiday Allowance is normally paid in April or May. As an alternative to paid annual leave and Holiday Allowance, salaried employees may prior to the commencement of the holiday year elect to receive Holiday Pay (feriepenge) of 12,5 percent of their gross annual salary.
- Annual Leave for vacation will meet these minimum requirements but may be adjusted higher per the employees contract.
- Hourly: (who have accumulated full holiday pay entitlement by working a full holiday year) 12.5 per cent of the gross annual salary (the Holiday Pay) subject to certain deductions is normally paid into a statutory holiday account ("Feriekonto"). In good time before the non-salaried employee is due to take his or her annual leave, s/he files an electronic application for Holiday Pay to the administrator via a public digital portal NemID. Applicants who do not have a NemID account can apply manually by filing a hard copy holiday form with the administrator of the scheme.
- Holidays: In addition to accrued Paid leave, all employees from Denmark will receive the following days off-
- Christmas and Christmas Eve, New Years Eve, Maundy Thursday, Long Friday, Easter and Second Easter day, Prayer Day, Ascension Day, First and second day of the Pentecost.