The Dutch acronym AVOM stands for
Arbeids
Voorwaarden
Op
Maat, which translates as Tailor-made Terms of Employment. AVOM is based on the principle that you can agree with your employer to receive a lower salary for a set period or to give up your entitlement to a number of days' holiday leave (these are known as 'resources') in exchange for other benefits such as a bicycle or a higher travel allowance (these are known as 'objects'). You make additional agreements about your terms of employment and these are put down in writing.
AVOM therefore has two Resources:
1. holiday hours
2. gross salary
These allow you to purchase a range of objects:
1. purchasing extra holiday hours
2. payment for holiday hours
3.a (additional) commuter allowance
3.b bicycle scheme for commuter traffic
4. study costs (reducing employee contribution)
5. union-contribution & membership
6. course of life scheme