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Vacation allowance: How it is calculated and when it should be paid · Cyprus Report

Economy · Cyprus

Vacation allowance: How it is calculated and when it should be paid

1 sourceFirst reported 18 days agoUpdated 18 days ago

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Employers are required to pay vacation bonuses to their employees before the start of their leave.
The computation of the vacation bonus is determined by specific regulations.
The timing of the payment is crucial for employees' summer vacations.
Employees must receive their vacation bonuses in a timely manner to facilitate their holiday plans.

Generated by AI from the 1 sources below · always verify with the originals

AI summary: catch up in 20 seconds

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Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

Επίδομα αδείας: Πώς υπολογίζεται και πότε πρέπει να καταβάλλεταιCNN Greece · 18 days ago

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AI summary: catch up in 20 seconds

Employers are required to pay vacation bonuses to their employees before the start of their leave.
The computation of the vacation bonus is determined by specific regulations.
The timing of the payment is crucial for employees' summer vacations.
Employees must receive their vacation bonuses in a timely manner to facilitate their holiday plans.

Generated by AI from the 1 sources below · always verify with the originals