The Spanish Christmas Bonus and the 14 Month Payroll in Spain

December 28, 2012 By: erik Category: Politics, Spain

Fourteen Thousand EurosOne of the unique cultural practices in Spain is the summer and winter double paycheck. Every July or August and December, Spanish employees receive twice their normal salary for the month. Sounds crazy, doesn’t it? It’s actually negotiated that way, so when you take a salaried job in Spain, you agree to receive your annual salary in 14 payments, one per month, and then an extra one each summer and winter. As far as I know, this is the standard practice across most industries.
(more…)