13th-month payment

Besides your salary and holiday pay, in the Netherlands you sometimes also receive a 13th-month payment or year-end bonus. A 13th-month payment counts as extra wages. Extra wages A 13th-month payment or year-end bonus is an additional amount that is paid out on top of your regular wages . It does not give you the right to any additional holiday days . Sometimes it counts towards your pension , but not always. If you receive a 13th-month payment, your employer pays you an extra month’s salary. It is basically an extra month's wages. That is why it is called a ‘13th-month payment’. A year-end bonus is extra money you receive at the end of the year. It can be a fixed amount or a percentage of your salary. 13th-month payment and taxes A 13th-month payment or year-end bonus is a form of special remuneration. It is extra money you get on top of your regular salary. You have to pay extra income tax on it. Once this tax has been deducted you will have less money left over. Is my employer required to provide a 13th-month payment The law does not say that you must receive a 13th-month payment or year-end bonus. Any 13th-month payment depends on your contract or collective bargaining agreement . Is my 13th-month payment always paid out in December? No, that is not always the case. Your employer might choose to pay it in monthly instalments along with your monthly salary, for example. Do I still receive a 13th-month payment or year-end bonus if I have a temporary contract? It does not matter whether you have a temporary or permanent contract. Sometimes you must have worked for your …