Buy and sell your holidays

This salary sacrifice scheme allows employees to buy and sell holidays as they need them

Salary Sacrifice

£150 - £500
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Most popular

Buy and sell 1-5 days of holiday a year

Ideal for weddings, holidays, and other special events

Organise resources for busy business periods

This salary sacrifice scheme allows employees to buy and sell holidays as they need them

Holidays are essential for maintaining a good work-life balance - but some added flexibility can help make teams even happier and more productive. This salary sacrifice scheme gives employees the freedom to buy and sell 1-5 days of holiday a year.

As teams are encouraged to plan holidays in advance, a Holiday Exchange scheme can also help employers ensure they have the resources in place for busy business periods.


How does it work?

If an employee chooses to buy additional holidays, there will be a reduction in their salary to the value of the number of days holiday they have bought.

If an employee chooses to sell holidays, there will be an increase in their salary to the value of the number of days holiday they have sold.

How will this benefit my employees?

Many employees take the opportunity to buy additional holidays for special events, such as weddings, once-in-a-lifetime trips, or tending to a new property.

If an employee finds they have days left at the end of the holiday year, this scheme would allow them to swap unused holidays for some extra funds (to be taxed the same as standard pay).

Interested? Employers should click ‘get this perk' to find out more. If you're an employee, be sure to ask a manager to sign your company up to the Holiday Exchange scheme.

Frequently asked questions

It is advisable to only allow employees to buy or sell holiday before the start of their next holiday year. This allows your business time to pre-plan in advance and (if applicable) ensure you have enough resources in place at peak trading times.

For example, if your holiday year runs from January 1st to December 31st employees would have to submit their choices of the number of days they wished to buy or sell prior to January 1st.