Norway Feriepenger Vacation Pay Calculator 2026

Feriepenger is Norway's mandatory holiday pay — paid by your employer in the June following the year of earning, calculated as a percentage of the prior-year salary. The legal minimum is 10.2% for 4 weeks + 1 day of vacation. Collective agreements with 5 full weeks pay 12.0%. Employees 60+ get an extra 2.3% on earnings up to 6 times the National Insurance basic amount (6G ≈ NOK 745,000 for 2026).

Rates and Calculation Base

Feriepenger is based on feriepengegrunnlag — your prior calendar year's gross salary, including overtime, bonuses, commissions, and most allowances. Excluded: per-diems, business travel reimbursements, and the previous year's feriepenger itself. The 10.2% rate is the legal minimum (ferieloven). The 12.0% rate applies under tariff agreements granting 5 full weeks. The 60+ bonus of 2.3% applies on top of the standard rate, capped at the 6G level (NOK 745,000 estimated for 2026, indexed to the folketrygdens grunnbeløp G).

Payment Timing and Tax Treatment

Feriepenger is typically paid out in June of the following year, in lieu of regular June salary. Because tax is already withheld throughout the year, the employer withholds little or no tax on the June payment itself (the law treats it as a tax-balanced month). However, feriepenger is fully taxable income — it just doesn't change your effective marginal rate, so it doesn't 'feel' tax-free in June even though it looks that way on payslips. New employees who leave mid-year receive accrued feriepenger as a termination payout, fully taxed as ordinary income. Self-employed individuals (Enkeltpersonforetak) are not entitled to feriepenger — they must self-fund their vacation through pricing.

Last updated May 2026. Sources: Skatteetaten, NAV.