Should I exchange salary for leave?

"There are three important things to negotiate: salary, vacation and pension.

Generally speaking, they are differently important to you depending on what stage you are in life. When you are new to working life it is more important to get up to salary level, when you are a parent of young children you appreciate more vacation days and when that time has passed, the pension is more important to focus on.According to the Holiday Act, you are entitled to 25 days of vacation each vacation year. If you are employed later in the year, the number of vacation days is reduced.In different collective agreements, you may be entitled to more vacation days. In the private sector, you are more likely to have 25 days of vacation and possibly 5 extra days of vacation instead of paid overtime. You will need to assess how much overtime you might get and what it is worth.

Regarding the value of a vacation day, the answer is that it depends on what is stated in the collective agreement, but in many collective agreements it is 5.4% of your current monthly salary. It may vary with different supplements in the particular collective agreement that applies to your employer. The formula to calculate the value will be your current salary x 0.054 per day. If you divide by 12 monthly salaries, you get the value per month instead.