You haven’t received your holiday pay yet? Here’s when you’ll receive it…and there’s good news for some of you

Some have already received their holiday pay. Others will have to wait a few more days. In this matter, workers and employees are not in the same boat.

“The first receive a payment from the National Annual Vacation Office (ONVA), a public institution. The amount includes the “simple nest egg”, namely the sum that the worker would have received if he had worked, and the “double nest egg” which represents 15.38% of the gross annual remuneration of the previous year,” explains Marta Sequeira Pereira, lawyer at Securex.

This two-part nest egg paid by ONVA between 1er May and June 30. When the worker actually takes his leave in July or August, his employer does not pay him any remuneration since he has already received it from the Office.

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This year, workers will benefit from a slightly larger nest egg, as Amandine Boseret, lawyer for Acerta, indicates: “In spring 2023, workers had lost nearly 10% of their nest egg compared to employers because theirs had been calculated on the previous year, but salary indexations due to high inflation had not yet taken place. From a tax perspective, the loss of 10% was a little less because workers are taxed a little less than employees in terms of their savings.

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You are impatiently waiting for it: the payment of your holiday pay is coming soon but be careful this year, “in this case…”

As for employees, “the double pay represents 92% of the gross monthly remuneration of the preceding month. This calculation takes into account fixed remuneration, but also benefits in kind, commissions, bonuses and others from which the worker benefits,” explains Marta Sequeira Pereira, lawyer at Securex. Unlike workers, double pay is paid by the employer, generally during the period from April to June. There may be exceptions. Simple pay is granted when the leave is actually taken, and not in advance as for workers.

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“The double nest egg is taxed a little less than the 13e month which is paid at the end of the year,” adds Amandine Boseret, lawyer at Acerta. An adaptation mechanism is planned, as Marta Sequeira Pereira of Securex recalls: “Certain sectors, such as metal construction, provide for salary indexation in July. But this cannot be integrated early into the nest egg paid in April, May or June. A new calculation of the nest egg is therefore carried out in July or August with the payment of a supplement.

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