Employers to pay annual leave allowance, minimum amount is over 10,000 this year

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By the end of 2020, the employees in the private sector will receive K-15,i.e. annual leave allowance and the minimum amount for this year is 10,884 denars.

The amount is determined based on the data on the movement of the net/gross salary per employee, and the basic condition that must be met for a certain employee to receive K-15 is to work for at least 6 months in the calendar year with the same employer.

Employers who will not pay K-15 or demand it back from their employees will face fines of up to 4,000 euros.

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