Glossary entry

Spanish term or phrase:

Bolsa de Vacaciones y Economato

English translation:

Company store and holiday compensation payment

Added to glossary by S Ben Price
Nov 18, 2018 15:04
5 yrs ago
15 viewers *
Spanish term

Bolsa de Vacaciones y Economato

Spanish to English Law/Patents Law: Contract(s)
I've found an entry on bolsa de vacaciones, which I've translated as holiday supplement. The problem is bolsa de economato, which I've found referenced in a BOE which I will post in the comments.
Castilian Spanish to UK English


Original
Como consecuencia de la integración de la Bolsa de Vacaciones y Economato, en el año 2018, los trabajadores de alta en plantilla a 1 de Enero 2016, tendrán un incremento de 50 €/año, cantidad que se sumará a la distribución del salario una vez aplicado los incrementos del XIX CGIQ, sin que esta cantidad sea absorbible ni compensable en caso de promoción.

Rough draft
As a consequence of the integration of the holiday supplement and exchange CHECK in 2018, employees active in the workforce as of January 1, 2016, will receive an increase of €50 per year. This amount will be added to salary disbursements when the 19th Chemical Industry General Agreement increases are applied. This amount is not considered absorbable or compensable in the event of promotion.

Discussion

S Ben Price (asker) Nov 18, 2018:
BOE entry on Bolsa de Economato https://www.boe.es/diario_boe/txt.php?id=BOE-A-2017-1930

Artículo 80.º Bolsa de economato.
Como consecuencia del cierre del antiguo economato laboral de la empresa, ambas partes aceptan como sustitución del mismo y como compensación por su disolución una cantidad anual calculada a razón de 450,13 € por cada trabajador que haya estado todo el año o la parte proporcional en su caso.

Este cálculo se realizará con la plantilla del día 1 de diciembre al 30 de noviembre del año siguiente, y el pago se hará efectivo en la Nómina del mes de diciembre.

Proposed translations

+1
6 hrs
Selected

Company store and holiday compensation payment

Hard to condense on a payroll line, but these are payments to compensate for a company store benefit that no longer exists, and for avoiding taking holidays during peak summer holiday periods.
Peer comment(s):

agree philgoddard
4 hrs
Thank you!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks! "
3 hrs

stock/inventory

Si es del sector hostelería o turismo, quizá te valga.

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Note added at 3 hrs (2018-11-18 18:20:46 GMT)
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Sin añadir nada más.
Peer comment(s):

neutral AllegroTrans : and the whole phrase?
6 hrs
Something went wrong...
30 mins

Holiday and stationery (allowance)(supplement)

A suggestion.

https://www.google.pt/search?biw=1624&bih=857&ei=OobxW-G5LM3...

https://www.google.pt/search?biw=1624&bih=857&ei=QIbxW8mHIMa...

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Note added at 4 hrs (2018-11-18 19:22:49 GMT)
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Several examples which seem to convey my understanding of the term "stationery allowance":
The current Councillors' stationery allowance of £150 (Pick and Mix).
THE Clerk of the Ordnance has an Office Salary and Stationery Allowance to the amount of eight hundred and twenty-five pounds.
In my first job, for a British multinational company (Grandmet Site Services) in 1975, the word "economato" was used for stationery room/service from which we could request office materials, for instance. I have found the same term being used in other companies with this same meaning. I have no problem accepting it means something else, and am waiting for other suggestions from colleagues.
Peer comment(s):

neutral John Rynne : "stationery" means writing paper, envelopes, etc. In Spain, many companies had an "economato", a supermarket with basic goods at below street prices.
2 hrs
"Economato" in an office environment is precisely "stationery", at least in Portugal and in multinational companies operating here. I posted this because of personal experience with the term.
neutral philgoddard : I don't see how you arrive at this, and your references don't support it.
2 hrs
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Reference comments

3 hrs
Reference:

Economato in Spain

A supermarket provided by a big company as a service to employees. Goods were generally sold at cost, certainly at a discount to street prices. In companies that had an economato, only employees and families were allowed to shop, and the existence of the economato was viewed as an entitlement. Consequently, where the company decided to close the economato (there few if any left at this point), it would be normal to compensate employees in some way for the loss of this benefit.
Peer comments on this reference comment:

agree philgoddard : You should put this as an answer - something like "company store".
2 mins
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