What is lomaraha in Finland?

Lomaraha (holiday bonus) is a payment made by many Finnish employers when an employee takes their summer vacation. It is typically 50% of the vacation pay earned, though it is not required by law but rather by collective agreements.

How is vacation pay (vuosilomakorvaus) calculated?

Vacation pay is calculated as your daily wage multiplied by the number of vacation days. For salaried employees, this is straightforward. For hourly workers, an average daily wage based on recent earnings is used.

What happens to unused vacation days?

Unused vacation days can typically be carried over to the next year or must be compensated as vacation pay (lomakorvaus) if employment ends. The rules depend on your employment contract and collective agreement.

Holiday Pay Calculator

Calculate your Finnish holiday pay and vacation bonus. Enter your salary details to see your vacation pay and lomaraha entitlement.

Monthly salary (€)

Holiday days earned: 25 days

1 days40 days

Holiday bonus (50 % of holiday pay)

Holiday bonus is typically 50% of holiday pay. Some collective agreements pay 100%. The holiday bonus is taxable income. Monthly-paid employees' holiday pay is calculated by dividing the monthly salary by 25.

The holiday pay calculator helps you estimate how much holiday pay and vacation bonus you accrue for your leave. You will know in advance what the leave-related payments mean for your paycheck.

How the calculator works and what it’s for▾

What holiday pay and the vacation bonus are

Holiday pay is the salary you receive for your leave, that is, compensation for the work you are not doing while on holiday. The vacation bonus is an extra paid on top of that, with its size determined by the holiday pay.

The calculator combines these with the details you provide so you can see each part separately and the total. The financial impact of your leave becomes clear at a glance.

What you enter and what you get

You provide your salary information and the details that affect the length of the leave. The more accurate your inputs, the more reliable the estimate.

In return you see an estimate of the holiday pay and the vacation bonus, along with their combined total. That helps you plan your finances for the leave period in advance.

Who it is for

The calculator serves employees who want to know the impact of leave on their income before the holiday season. It is useful for budgeting, especially ahead of a longer summer break.

Employers can also use the calculator for a rough estimate of payroll costs during the holiday season.

Good to know

Whether a vacation bonus is paid and how large it is may be set by a collective agreement or your employment contract, so check the practice in your own field. The calculator gives an estimate based on the details provided.

Remember that the final net amount also depends on taxation. The vacation bonus is taxable income just like other pay.

🔄 Reviewed June 2026