|Tuesday||Jan-01||New Year's Day|
|Thursday||Apr-18||Maundy Thursday||The Thursday before Easter Sunday|
|Friday||Apr-19||Good Friday||The Friday before Easter Sunday|
|Monday||Apr-22||Easter Monday||Monday after Easter Sunday|
|Friday||May-17||Constitution Day||National Day|
|Thursday||May-30||Ascension Day||40 days after Easter|
|Monday||Jun-10||Whit Monday||7th Monday after Easter. Also Known as Pentecost Monday|
|Tuesday||Dec-24||Christmas Eve||Banks are closed|
|Wednesday||Dec-25||Christmas Day||Informal celebrations on eve of December 24 the (Julaften)|
|Thursday||Dec-26||St. Stephen's Day|
Holidays falling on a Saturday or Sunday do NOT generate an additional compensation day of holiday.
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No official minimum wage.
Everyone who has lived in Norway after the age of 16 for 40 years is entitled to state funded pension of NOK 88, 730 per year.
Employer contributes 14.1% of regular wages.
Employee contributes 8.2% of gross income. Contributions are not made on income less than NOK 39,600.
There is no official severance payments for Norwegian employees.
Advance notice is one month of written notice.
One month notice if the employee has been in the company for less than 5 years. Over 5 years, additional time applies.
Employer is responsible for the first 16 days of the sick leave of the employee, afterwards the National Insurance Scheme will pay for a maximum of 36 weeks.
To be sickness benefits from the Norwegian Labor and Welfare Administration, one must be fully able to work for 26 weeks after last receiving sickness benefit. Doctors' certificate required when sick for more than 3 days to receive benefits.
There are 10 public holidays.
Four weeks and 1 day of paid vacation time. Holiday pay is 10.2% of the annual remuneration. An extra 5 weeks of vacation days are granted once an employee reaches the age of 60 years old.
In Norway, parents are entitled to receive parental leave of either 49 weeks paid 100%, or 59 weeks paid 80% or salary. Some parents choose 100 percent (due to better benefits), and extend their leave unpaid (up to 14 days). In the 100% paid scheme, 5 additional weeks are paid per additional child, and in the 80% paid scheme, 7 additional weeks are paid per additional child.
The first three weeks of this period must be used prior to the birth by the mother.
46 weeks of full paid leave and 10 additional weeks of leave at 80% rate. An additional 5 weeks at 100% rate and an additional 7 weeks at 80% rate are granted for every extra child.
Expats can choose 10% deduction of gross income with salary ceiling of NOK 40,000 per year. The deduction is available for the first two years of living in Norway.
1. Social Security / Pension - Employer contributes 14.1%.
1. Social Security / Pension - Employee contributes 8.2%.
VAT is 25% standard rate.
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