feriepengeprosent

Feriepengeprosent is the percentage used to calculate feriepenge, the vacation pay that employees in Norway receive. The rate is defined by the Ferieloven (Vacation Act) and, in many cases, by collective agreements. The exact percentage depends on the applicable legislation or tariff agreement and can vary by sector.

The most commonly cited rates are around 10.2 percent for employees who accrue ferie under the standard four-week vacation arrangement, and about 12 percent under agreements that provide five weeks of ferie. In some industries or positions with different agreements, higher or lower rates may apply. In practice, the feriepengeprosent determines how much vacation pay an employee earns from the wages earned in the previous year.

Calculation and payout: Feriepenger beregnes as a percentage of the gross wages earned in the preceding year. The feriepenge amount is typically paid out during the vacation year, separate from the regular salary, and is intended to fund the employee’s time off. If employment ends before ferie takes place, earned feriepenge is usually paid out with the final wages, subject to the terms of the applicable agreement or law.

Purpose and context: The feriepengeprosent is part of Norway’s system designed to ensure workers receive paid time off. It interacts with other elements of the holiday framework, including the statutory duration of ferie and the scheduling of ferie. The exact rate and rules can differ depending on employment type, sector, and collective agreements.

See also Ferieloven, Feriepenger, Tariffavtale.