Home » today » Business » Easter gift: How it is calculated – When it is paid – 2024-04-09 20:24:41

Easter gift: How it is calculated – When it is paid – 2024-04-09 20:24:41

Time is counting down for the payment of the Easter Gift to all private sector employees. According to the current legislation, the allowance is paid until Holy Wednesday, which falls this year May 1st.

According to the Workers’ and Unemployed Information Center of GSEE, all employees employed in the private sector with an indefinite or fixed-term dependent labor relationship are entitled to receive an Easter Gift from their employer.

How is it calculated?

Regarding the calculation of the amount of the Easter Gift, the method of remuneration of employees, i.e. if they are paid a daily wage or a salary. The time period calculated starts from January 1 to April 30 of each year.

Therefore, if someone works the entire above period of time, he is entitled to receive half monthly salary if he is paid a salary and 15 days’ wages if he is paid a daily wage.

Employees whose employment relationship with the employer has lasted without interruption throughout the mentioned period, i.e. from January 1 to April 30 of each year, are entitled to the entire Gift which is equal to half a monthly salary for salaried employees and with 15 wages for daily wage earners.

However, in the event that an employee’s employment relationship with his employer did not last the entire aforementioned period, either because he voluntarily left his job, or because he was dismissed, he is entitled to receive Gift ratio which is calculated as follows:

In the case of a salaried employee, an amount equal to 1/15 of half the monthly salary or one day’s salary according to the agreed method of remuneration, for every eight calendar days. In case someone works less than eight days, he is entitled to a corresponding fraction for Easter Gift.

They are included in the Easter Gift

Not deducted, but taken into account for calculating the Gift:

  • The time of compulsory abstinence from work for women before and after childbirth.
  • The period of time during which a working student received a study permit in order to participate in exams.
  • The time of spa therapy leave, if there is an opinion from an insurance organization.
  • If the employee fell ill during the above period, only the days he received sick pay from the insurance company will be deducted.
    Example: If an employee was absent from work due to illness for 60 days and only received sickness benefit from his insurance fund for 40 days, only the 40 days for which he was subsidized and not the 60 will be deducted from the period of employment.

What is not included in the Easter Gift

The days on which the employee was absent from work without reason or due to unpaid leave are not counted. The period of absence of employees due to trade union activity (ie time on trade union leave) is not taken into account.

Regarding the strike, the judicial jurisprudence accepts that the days of the strike are not counted in the duration of the employment relationship because the abstention of the employee is due to his own will and therefore cannot be characterized as an excused absence. By analogy, the same applies to work stoppages, since they also constitute a strike in reality.

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