Concurrent holiday is a new concept in the Holiday Act. When we talk about concurrent holiday, it refers to how the holiday an employee saves one month can already be used the next month.Holiday days are saved based on the salary you earn each month, meaning the holiday balance is only added after the salary has been paid.Example of holiday savings and concurrent holidaysIf you have an employee who starts on 1/9 and does not have a holiday left over from their previous employment, they will be able to save 2.08 days in September. If the employee wants to go on holiday in October, they must pay for the days they have not saved.Some companies choose to let their employees take holiday days in advance so they can avoid having to pay for part of their autumn holiday themselves.Read more about holidays in advance.