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  • 1,500+ Business Documents - Buying and selling holiday policy
    Buying and selling holiday policyOur policy enables you to operate a scheme under which your staff can buy or sell a portion of their annual leave entitlement in a particular holiday year, subject to certain conditions. Buy or sell?If an employee buys extra holiday, this is by way of salary sacrifice and their annual salary will temporarily go down - but they will be taking more time off. If an employee sells holiday, their salary will temporarily increase - but they will be working on more days. Generally speaking,...
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