Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Change of Monetary Compensation payment for Unused Annual Leave

Dec 20, 2012
By Ecovis.Lt

On December 1, 2012 amendments to the Labor law came into force. With amended Labor Law Article 177, it is stated that if an employee was not granted annual leave for a period longer than one year, an allowance shall be paid for all unused annual leave, but for not more than three years’ of unused annual leave if the employee actually had a chance to use it and a collective agreement does not state differently. However, employees that have unused annual leave of more than three years till December 1, 2012, have the right to use it until December 1, 2015.

Moreover, in a case of termination of an employment contract until December 1, 2015, the monetary compensation payment for unused annual leave shall be paid for all unused annual leave (even if it is more than three years).

 MORE NEWS
  • Lietuva in brief...
    A poll conducted in May shows that 15 percent of respondents thought the economic ...
  • Citizens living in fear of sur...
    VILNIUS - Together with lawyers, Parliament Speaker Loreta Grauziniene will analyz...
  • Study shows anti-Semitism stil...
    VILNIUS - A roundtable discussion held by the Lithuanian Jewish Community has arri...
  • Morozov says cut Lithuanian ti...
    VILNIUS - The comparisons just aren’t going away. After President Dalia G...
  • Late, but Ukraine signs EU acc...
    VILNIUS - Georgia, Moldova, and Ukraine have said their signatures on the EU fr...
  • Expect tougher Grybauskaite in...
    VILNIUS - Lithuanians went to the polls and overwhelmingly returned incumbent P...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.