The Holiday Bonus is to be paid on 1 May each year.
An employee in a 100% employment ratio receives a personal supplement on 1 December each year. Payment shall be made proportionally to the employment rate and working hours of the last 12 months before the payment date.
If an employee has retired during the year due to age, he shall receive a personal supplement proportional to the employment rate and working hours.
The holiday bonus is a fixed amount; holiday allowance is not added.
Holiday bonus for 2020, was ISK 50.450
Holiday bonus for 2021, is ISK 51.700
Holiday bonus for 2022, is ISK 53.000