Home » today » Business » Easter gift: Where and how to calculate it – When is it paid? – 2024-04-17 19:48:07

Easter gift: Where and how to calculate it – When is it paid? – 2024-04-17 19:48:07

In about two weeks, payments for the Easter gift to private sector employees are expected to begin.

How is the Easter Gift calculated?

This is half a month’s salary if paid on a salary and 15 days’ wages if paid on a daily basis.

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

In the case of a salaried employee, an amount equal to 1/15 of half the monthly salary or a daily salary depending on the agreed payment method, for every 8 (eight) calendar days. In case someone works less than eight days, he is entitled to a corresponding fraction for Easter Gift.

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 received sickness benefit from his insurance fund for only 40 days, only the 40 days for which he was subsidized and not the 60 will be deducted from the period of employment.

When is the Easter Gift paid?

The Easter Gift is usually paid on Holy Wednesday, this year on May 1st, but employers can pay it earlier if they wish.

You can calculate it here:

Times that don’t count

• The days during 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 is not taken into account (i.e. time on trade union leave)
• In relation to the strike, court jurisprudence accepts that the days of the strike are not counted in the duration of the employment relationship because the employee’s absence is due to his own will and cannot therefore 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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