This year’s holiday pay packages are likely to be a disappointment for people earning more than the modal salary, but those on low incomes will get more than last year, according to calculations by salary processor ADP. Holiday pay is traditionally paid out in May, but the amount changes every year along with shifts in income tax and tax discounts that depend on the individual’s own situation. This year, people on the modal salary of €3,395 per month will take home €19 Read this story
