What are reservations?
After a week of hard work, you’ll get your paycheck. That’s great! But did you know that, in addition to your regular pay, you’re also building up savings? This money is there for you, so you’ll still get paid on days you’ve taken off. Handy, right?
Reading time: 6 minutes
Reservations
As a temporary worker, you are entitled to vacation days, vacation pay, and short-term sick leave. You accrue these entitlements for all hours worked (except overtime). But what exactly are these entitlements? An entitlement is a percentage of your salary that is set aside. You can think of it as a kind of savings account. This savings account is filled with a percentage of your gross hourly wage. If you then take a day off, you’ll still receive your pay as usual.
Types of reservations
In short: you set aside a portion of your pay for vacation days, vacation pay, and short-term absences. These are called reserves. Below, we explain the different types of reserves.
Short-term absenteeism:
By "short-term absence," we mean that you are temporarily away from work for a short period of time. For example, a doctor's or dentist's appointment. As a temporary worker, you receive a small percentage of your pay as compensation for these hours. This way, you still get paid if you happen to arrive an hour late or leave early for an appointment.
Vacation days:
Every employee, including you as a temporary worker, is entitled to vacation days. These are days when you don’t work but still receive your pay. For every hour you work, you earn a small amount toward your vacation days. This way, you have a little savings fund for when you want to take a day off. Whether you’re going on a week-long vacation or just taking a day off to relax, you’ll still get paid.
Vacation pay:
In addition to your regular pay, you also accrue vacation pay. Vacation pay is intended to cover the cost of your vacation. At UBN, your vacation pay is automatically deposited into your bank account once a year. This takes place during the first week of June.
Payment of reservations
When your contract ends, all accrued reserves will be paid out in a single lump sum. At UBN, this occurs six weeks after your last day of work. This means you will always receive the money you are entitled to, even if you stop working.
At UBN, we believe it’s important for you to understand exactly how your salary is calculated. You can find the amount of your accrued reserves on your pay stub. Please note that these are gross amounts.
Feel free to ask your contact person for more information if there’s anything you don’t understand. That way, you’ll always know where you stand. This will allow you to work with peace of mind and enjoy your days off.
Ready for your next challenge?
Now that you know exactly how reservations work, you’re all set for your next adventure as a temp. Want to find a new job that’s a perfect fit for you? Then check out the current job openings at UBN.
See also...
Do you pay more tax on your overtime?
Many people think you pay more tax on your overtime. That’s not true. Your overtime falls into the same tax bracket as your regular salary. So why does it seem like you end up with less money after working overtime? In this article, we’ll explain more about it.
Read more
Building up a pension as a temporary worker: how does that work?
A frequently asked question is whether you also accrue pension as a temporary worker. The answer is simple: yes. You start accruing pension benefits from your first day of work as a temporary worker. You must be at least 18 years old. The exact details of how this works are outlined in the collective bargaining agreement for temporary workers. In this article, we’ll explain a few things to you.
Read more