Opportunity to sell annual leave letter template
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Our opportunity to sell annual leave letter template simplifies the process for communicating the benefit for employees to sell unused or unwanted annual leave, ensuring clarity and efficiency.
Why this letter is necessary
This Opportunity to sell annual leave letter 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.
Workflow sequence
Buying or selling annual leave policy
Use this model policy to detail the rules and arrangements for a scheme that allows your employees to buy or sell annual leave.
Annual leave sale request form template
Our annual leave sale request form template simplifies the process for employees to sell back unused or unwanted annual leave days efficiently.
Specifications
5 mins
269 words, 2 pages A4
9 July 2024
[Company name]
[Sender address]
[date]
[Recipient name]
[Recipient address]
Dear [Recipient first name],
At [Company Name], we continuously strive to offer flexible benefits that cater to the diverse needs of our valued team members. In line with this, we are pleased to introduce an opportunity for you to sell a portion of your accrued annual leave back to the company.
How It Works
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Eligibility: This programme is available to all full-time employees who have completed their probationary period.
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Leave Balance: Employees can sell up to [number] days of their annual leave, provided they retain a minimum of [number] days for personal use.
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Payment: The equivalent pay for the sold leave will be calculated based on your current salary. You can choose to receive the payment in your next monthly pay cycle or spread it evenly over the next 12 months.
Steps to Participate
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Review: Carefully review your current leave balance to ensure you meet the eligibility criteria.
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Request Form: Complete the attached Annual Leave Sale Request Form.
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Submission: Submit the form to the HR Department by [deadline date].
We understand that circumstances vary for each of our team members, and this initiative is entirely voluntary. Should you choose to participate, this could be a convenient way to gain additional financial flexibility.
If you have any questions or require further clarification, please do not hesitate to reach out to [HR Contact Person] at [HR Contact Email] or [HR Contact Phone Number].
Thank you for your continued hard work and dedication to [Company Name]. We look forward to supporting you in achieving both your personal and professional goals.
Yours [faithfully | sincerely],
[Sender name]
[Sender job title]
[Sender telephone]
[Sender email]
[For, and on behalf of [Company name] ]
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