Statistical & Technical

Holiday Credit Year

The period from April 1 to March 31 during which annual holiday is accrued.

Definition

The holiday credit year (Lomanmääräytymisvuosi) is the specific twelve-month period, from April 1 to March 31 inclusive, used as the basis for calculating an employee's annual holiday entitlement. The number of holiday days an employee accrues is determined by their work performance and length of service within this defined period.

Holiday Credit Year - AI Regulation Glossary | RewardsET