Hey, there! If you’re an international student in the Netherlands and have started working, you may have heard murmurs about something called “holiday pay.” Let’s break it down so you can understand what it is, how it works, and—most importantly—how you can ensure you receive it!
What is Holiday Pay?
In the Netherlands, holiday pay (or “vakantiegeld”) is a welcome income boost that employees receive once a year, usually in May. This is not simply extra money; it is a legal right! The goal is to ensure that everyone has the opportunity to enjoy their vacation without financial constraints.
How much will I get?
The typical holiday pay rate is at least 8% of your total annual wage. So, if you earn €20,000 per year from a part-time work or internship, your holiday compensation will be approximately €1,600. Not so awful, right?
Am I entitled to Holiday Pay?
Almost everyone who works in the Netherlands, including employed overseas students, is eligible to holiday pay. It doesn’t matter if you work part-time while studying or if you have a temporary job; if you have a contract, you’re likely covered.
