Discounted goods for employees policy template
Use this model policy to detail a scheme in which employees are provided with a discount on Company goods.
5 mins
What is a Discounted goods for employees policy?
The purpose of this Discounted goods for employees policy template is to provide you with a flexible and customisable document to serve as a robust and effective starting point for you.
By using our Discounted goods for employees policy template, you can streamline your process, maintain consistency and accuracy, and save time, and it can be easily adapted to fit your specific scenario.
During onboarding / after changes / planned refresher
Internally issued to appropriate recipients in your Company
Great Britain & NI (United Kingdom), Worldwide
Discounted goods for employees
Overview
The purpose of this policy is to detail the scheme in which employees are provided with a discount on Company goods.
Scope
This policy is applicable to all employees of [company name].
General principles
[Company] is pleased to be able to provide a discount on Company goods for [all employees/employees with over [number] months' service]. [Company] is also able to provide a discount on goods from its associated companies: [names of associated companies].
A current list of discounts is available [from [name]/on [Company]'s intranet].
For goods and products purchased over the telephone, employees will be required to quote their [employee number/unique reference number]. For goods purchased on the shop floor, employees will be required to produce their [staff identification/security pass].
[All employees/employees with over [number] months' service] can also obtain discounts at a range of local shops. To obtain a discount in these shops, employees will be required to produce their [staff identification/security pass].
A current list of local shops offering discounts is available [from [name]/on [Company]'s intranet].
If an employee encounters difficulties in obtaining a staff discount, he/she should contact [name], who will attempt to resolve the situation within [number] days.
Where an employee has a suggestion for new discounts that could be offered, he/she should contact [name] in the first instance.
Employees are prohibited from buying goods through the staff discount scheme and then selling them at a profit. [Company] will take disciplinary action against any employee who is found to have abused the staff discount scheme.
Availability of the discount scheme is at [Company]'s discretion. [Company] reserves the right at any time to vary or withdraw the discount scheme with reasonable notice of any change.
This policy [does not] form[s] part of your terms and conditions of employment.
Version: [1.0]
Issue date: [date]
Author: [name, job title]
Why buy our Discounted goods for employees policy template?
- It's easily editable and implementable, saving you time and money
- It's designed by CIPD accedited Chartered HR practitioners with operational experience in this area
- You will maintain compliance with ACAS guidelines, legislation, and industry best practices
- Email notifications for any updates made to this template or its accompanying materials
- 12 months of unrestricted access without any additional costs (any update in that period is free to you)
- A 25% discount on all library, toolkit, and template purchases/renewals
