Opportunity to sell annual leave letter template

12 months unlimited access:
£ 15

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

Previous step
Policies
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.

This step
Opportunity to sell annual leave letter template
Next step
Forms
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

Reading time icon
Time to read / prep / use
5 mins
Document specs icon
Word count / length
269 words, 2 pages A4
Date last reviewed icon
Date last reviewed
9 July 2024
opportunity to sell annual leave letter template

[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

  1. Eligibility: This programme is available to all full-time employees who have completed their probationary period.

  2. Leave Balance: Employees can sell up to [number] days of their annual leave, provided they retain a minimum of [number] days for personal use.

  3. 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

  1. Review: Carefully review your current leave balance to ensure you meet the eligibility criteria.

  2. Request Form: Complete the attached Annual Leave Sale Request Form.

  3. 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.

A purchase is required to view    To view, please purchase.

A purchase is required to view    To view, please purchase.

Yours [faithfully | sincerely],

 

 

[Sender name]

[Sender job title]

[Sender telephone]
[Sender email]

 

[For, and on behalf of [Company name] ]

Why choose our Opportunity to sell annual leave letter 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.

Stop doing this:

Wasting money buying documents that don't meet best practice or legislation.
Wasting effort searching for free documents that lack implementation support.
Wasting time creating documents from scratch.