Value of a payout
- Base value: overtime hours × gross hourly wage
- Premium: base value × premium percentage
- Gross payout: base value + premium
Payout example
- 20 overtime hours × €20 = €400 base value
- A 25% premium adds €100.
- Estimated gross payout: €500 before taxes and contributions.
Comparing time off
- Factor 1 gives one free hour per overtime hour.
- Factor 1.25 turns 20 overtime hours into 25 free hours.
- Check when the time off can actually be taken.
Questions before deciding
- What does your contract or collective agreement say?
- Are there deadlines or time-account limits?
- How would a payout be taxed?
- Is recovery time more valuable to you right now?