Approximately half of private sector employees are given vacation pay.
About half of private sector workers receive vacation pay, especially those with collective bargaining agreements. The Institute for Economic and Social Research (WSI) at Hans-Böckler Foundation revealed this in a study presented on Tuesday. Most of these workers receive their vacation pay with their June or July salaries. In comparison with last year's data, the percentage of workers getting vacation pay has dropped slightly, from 47% to 46%.
Workers with collective bargaining agreements are more likely to receive vacation pay, with 74% of them receiving it, while only 36% of workers without such agreements received this benefit. Interestingly, these percentages match the numbers from the previous year.
The study also reveals the significant variations in vacation pay amounts within various industries. For instance, in the agricultural industry in Mecklenburg-Vorpommern, employees receive a vacation pay of €186, while in the catering and confectionery industry, they only get a small allowance. On the other hand, employees in the wood and plastic processing industry receive up to €2,686 in vacation pay in western Germany. Vacation pay is also relatively high in the metal and printing industries, as well as in the automotive and insurance industries.
The study's data was collected from responses provided by 67,880 employees from May 2023 to May 2024.
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Despite the scarce vacation pay in the private sector, the WSI evaluation found that approximately half of employees still receive it. The study also highlighted that employees with collective bargaining agreements are more likely to receive the full vacation pay, with 74% receiving it, contrasting the 36% in the absence of such agreements. Furthermore, the private sector varies significantly in the amounts of vacation pay offered, with industries like wood and plastic processing offering up to half a year's salary, and others providing minimal allowances.
