Source: XpertHR P&D Date: 01/10/2007 Publisher: XpertHR

Holiday and holiday pay: Policy on buying and selling holiday (policy)

TOPICS:
pay and benefits pay levels and awards
terms, conditions and employee rights working time and leave

AUTHOR: Lynda Macdonald


Policy wording: The Company operates a policy of granting all employees [five/six] weeks' paid holiday entitlement each year. It is recognised, however, that some employees may wish to take longer or shorter periods of holidays and for this reason the Company operates a policy of allowing [all employees/employees in defined grades/office-based employees] to 'buy' or 'sell' some holiday entitlement, subject to certain conditions.

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