opptjeningsprosenten

Opptjeningsprosenten is a Norwegian term that translates to "accrual percentage" or "earning percentage" in English. It is a key component in calculating how much an employee earns in terms of holiday pay, often referred to as feriepenger in Norway. The general rule is that employees have a right to holiday pay equivalent to a percentage of their salary earned during the previous calendar year, known as the accrual year.

The standard opptjeningsprosenten is 10.2 percent. However, this percentage can be higher for certain employee groups. For instance, employees aged 60 and over at the end of the accrual year are entitled to an additional 2.3 percent, bringing their total opptjeningsprosenten to 12.5 percent. This additional percentage aims to compensate older workers, as they may have fewer working years left before retirement.

The salary upon which the opptjeningsprosenten is calculated typically includes the regular annual salary. Some additional payments, such as overtime pay, may be included in the basis for calculation, while others, like holiday pay itself, are usually excluded. The specific rules regarding what salary components are included can vary slightly depending on collective agreements or individual employment contracts, but the core principle of the opptjeningsprosenten remains consistent across Norwegian labor law. The accrued holiday pay is then disbursed to the employee during the holiday year, which is typically the year following the accrual year.