Discounted goods for employees policy template

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Why this policy is necessary
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Specifications

Use this model policy to detail a scheme in which employees are provided with a discount on Company goods.

This policy has three parts: an 'overview' that explains what it's about, 'scope' which details who it applies to, and 'general principles' that list the main rules it follows.

discounted goods for employees policy template

Why this policy is necessary

This Discounted goods for employees policy template aims to offer you a versatile and customisable tool, serving as a solid foundation for your needs. Utilise it to ensure consistency, enhance accuracy, and save valuable time.

Adapt it to suit your unique requirements, ensuring efficiency and effectiveness in your HR processes.

Specifications

Reading time icon
Time to read / prep / use
5 mins
Document specs icon
Word count / length
281 words, 2 pages A4
Date last reviewed icon
Date last reviewed
1 December 2024

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.

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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 choose our Discounted goods for employees policy template?

Our content:

Is easy to edit and execute, with comprehensive implementation guidance.
Is designed by accredited, experienced HR practitioners.
Maintains your compliance with ACAS guidelines, legislation, and industry best practices.
Includes 12 months access to your purchase, with email alerts if updated or expanded.

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