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What (who) is vacation pay - definition

PAID TIME OFF, GENERALLY TAKEN WHEN AN EMPLOYEE DESIRES (THOUGH OFTEN REQUIRING NOTICE AND APPROVAL), AND FOR ANY REASON

Paid vacation; Paid holidays; Paid Vacation; Holiday (employment); Vacation time; Vacation pay; Paid vacations; Paid annual leave; Paid vacation leave; Annual holidays; Leave from work; Work leave

Annual leave

Annual leave is a period of paid time off work granted by employers to employees to be used for whatever the employee wishes. Depending on the employer's policies, differing number of days may be offered, and the employee may be required to give a certain amount of advance notice, may have to coordinate with the employer to be sure that staffing is the employee's absence, and other requirements may have to be met.

https://en.wikipedia.org/wiki/Annual_leave

Holiday cottage

NICHE IN THE REAL ESTATE MARKET

Vacation house; Holiday house; Vacation property; Holiday homes; Vacation home; Holiday home; Vacation homes; Vacation cottage; Vacation properties; Weekend house; Holiday cottages

A holiday cottage, holiday home, or vacation property is accommodation used for holiday vacations, corporate travel, and temporary housing often for less than 30 days. Such properties are typically small homes, such as cottages, that travelers can rent and enjoy as if it were their own home for the duration of their stay.

https://en.wikipedia.org/wiki/Holiday_cottage

Pay bands

THE RANGE OF COMPENSATION GIVEN FOR CERTAIN ROLES

Pay Band; Pay Bands

A pay band is sometimes used to define the range (band) of compensation given for certain roles. The range is based on factors like location (high vs low cost of living locations), experience, or seniority.

https://en.wikipedia.org/wiki/Pay_bands

Wikipedia

Annual leave

Annual leave is a period of paid time off work granted by employers to employees to be used for whatever the employee wishes. Depending on the employer's policies, differing number of days may be offered, and the employee may be required to give a certain amount of advance notice, may have to coordinate with the employer to be sure that staffing is the employee's absence, and other requirements may have to be met. The vast majority of countries today mandate a minimum amount of paid annual leave by law.

Among the larger countries, China requires at least five days' paid annual leave and India requires two days of paid leave for every month worked. The United States mandates no minimum paid leave, treating it as a perk rather than a right.

https://en.wikipedia.org/wiki/Annual leave

Examples of use of vacation pay

1. Beyond that, Jaffer‘s attorney, Matthew Hsu, said, his client is in line for another two months‘ vacation pay; at his annual salary of $160,000, the four months of vacation pay amounts to more than $50,000.

2. They swear they‘ll stay until they get assurances that they‘ll receive severance and accrued vacation pay.

3. They are paid less than NIS 2,000 per month, some NIS 13 per hour, and do not get social benefits such as vacation pay and pensions.

4. Gutierrez said each former Republic Windows & Doors employee will get eight weeks‘ salary, all accrued vacation pay and two months‘ paid health care.

5. Without the severance and vacation pay, Caceres said, he and many of his fellow workers risk falling behind on mortgage payments and even losing their homes.