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Ex. 24.12: Work/Life Balance – Culture

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Sett i gang Kap. 24: Personlig økonomi Ch. 24: Exercises Ex. 24.12: Work/Life Balance – Culture

Ex. 24.12: Work/Life Balance – Culture

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    WORK/LIFE BALANCE. In Norway, there is high value placed on time off from work, and this work/life balance is supported by the government.  Not only is taking a 4 to 6 weeks of vacation each year common, but Norwegians are also given money to vacation.

    Most Norwegians in full-time positions receive feriepenger (vacation money) in June of each year. This is money set aside or specified on each paycheck that can, but does not have to be, used for or during summer vacation. The amount of money received is dependent on salary and is usually an additional 10% of the annual income. What this means in practice is that when you go on vacation, you get an extra amount of money to use to pay for the vacation so you don’t need to save up for it yourself.  However, the money can be spent in any way the employee sees fit.

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