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Employee Benefits: A Key Part of Job Compensation

Money Talk

employee benefits generally equal 25% to 50% of a worker’s gross pay. paid vacation) ¨ increase productivity (e.g., flexible work hours) Below is a description of ten common employee benefits and benefit-like policies in the current labor market: Paid Vacation- This is one of the most common employee benefits.

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Labor Rights in Norway

Global People Strategist

Paid Vacations: Every employee in Norway is entitled to 25 paid working-day holidays throughout the year. Vacation pay will replace your normal salary and will consist of 10.2% of the gross salary. For employees who are more than 60 years of age, the holiday pay will be 12.5% of their gross pay.