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Vacation leave entitlement for salaried employees

Iason Skouzos & Partners > Practice Areas  > Labor & Employment  > Vacation leave entitlement for salaried employees

Vacation leave entitlement for salaried employees

For the vacation leave of the newly recruited employees, the following shall apply:

Each salaried employee from the beginning of his employment until the completion of a 12 month continuous employment, he is entitled to receive percentage of his annual leave with pay.
This percentage is calculated based on the 24 working days annual leave (6 working days per week system) or based on the 20 working days annual leave (5 working days per week system)

Therefore:
-6 working days per week system -> 24 days of leave/12= 2 days per month

-5 working days per week system -> 20 days of leave /12= 1,666 days per month
Charts of vacation leave:

Α. For employees with up to 10 years service for the same employer and up to 12 years for any employer

Service time for the same employer 6 working days 5 working days
1st calendar year (begins from the recruitment day and ends 31.12 of the same year) 2 days per month until the end of the year (e.g. if he has worked for 3 months he is entitled to 3 x 2 = 6 days of leave) 1,6667 days per month until the end of the year (e.g. if he has worked for 3 months he is entitled to 3 x 2 = 4,998, namely 5 days of leave)
2nd calendar year 25 days of vacation leave 21 days of vacation leave
3rd calendar year and the following years 26 days of vacation leave 22 days of vacation leave

 

Β. For employees who have reached 10 service years for the same employer or 12 service years for any employer

6 working days

5 working days
30 working days 25 working days

 

C. For employees who have reached 25 service years or previous employment

6 working days 5 working days
31 working days 26 working days