In Slovakia, employees are entitled to a minimum statutory annual leave of:
Employers are responsible for scheduling employees' vacations in compliance with the Labor Code. While employers should consider employees' legitimate interests, they may schedule vacations unilaterally without the employees' consent.
Velocity Global Slovakia provides above the minimum, with each supported employee in Slovakia receiving 5 weeks of leave, per the employee handbook.
In Slovakia, vacation pay is calculated using the following formula:
This ensures that supported employees receive accurate compensation for their paid time off based on their recent earnings.
Yes, in Slovakia, time off usage is required in set increments of 2 weeks in a row during the year, unless otherwise agreed upon in the employment agreement.
Slovak law does not recognize the legal concept of unlimited paid time off (PTO) for employees. However, employers in Slovakia can provide additional vacation beyond the statutory minimum through:
There are no statutory limits on the amount of additional vacation that can be provided.
Yes, it is necessary to track leave accrual on employee payslips in Slovakia.