In contrast to many other European countries where vacation days are accrued from January to December each year, in Finland vacation days are calculated on the basis of the ‘holiday credit year’ which is from April 1st to March 31st the following year.
Employees who have been with their employer for less than a year on March 31st are entitled to 2 days holidays for each full holiday credit month. Those who have been with their employer for more than a year however are entitled to 2,5 days of holidays for each full holiday credit month.
Besides that, if an employee joins a company on April 1st or the first working day in April, the employee receives 2,5 days of holidays per holiday credit month right away during his/her first employment year.
The best way to reflect these regulations in Personio is by creating 2 different monthly accrual policies:
- 2 days per month assigned since employee’s work anniversary
- 2,5 days per month assigned in March for the next entitlement period (which is April)
If an employee starts in April (as described above), please directly assign 2,5 days per month since hire date.
If you want, another option would be to create an additional accrual policy with the yearly amount of paid vacations (e.g. 30 days) which you can assign to your employees who have been with the company over a year. This way these employees can directly access their full annual entitlement.
Please let us know if you have other suggestions to best reflect these Finnish regulations. We’d love to hear your thoughts on this and how you have tailored Personio to your needs.
Disclaimer: our web offer is for non-binding information purposes only and does not constitute legal advice in the actual sense. Click on “Show Content” to read the full Disclaimer:
We would like to draw attention to the fact that our web offer is for non-binding information purposes only and does not constitute legal advice in the actual sense. The content of this offer cannot and is not intended to replace individual and binding legal advice that addresses your specific situation. In this respect, all information offered is without guarantee of accuracy and completeness.
The contents of our website - especially the legal articles - are researched with the utmost care. Nevertheless, the provider cannot assume any liability for the correctness, completeness and topicality of the information provided. In particular the information is of a general nature and does not constitute legal advice in individual cases. For the solution of specific legal cases, please consult a lawyer.
