National Holiday Trading
What is National Holiday Trading?
National holiday trading is an employee benefit that allows staff to trade statutory national and public holidays for alternative days of leave. This flexible scheme gives employees greater control over their work-life balance by adjusting their leave entitlement based on their personal needs and preferences.
Benefits to Employer
National holiday trading schemes promote inclusivity, recognising that employees may celebrate different cultural events. This flexibility can enhance employee satisfaction and work-life balance by accommodating individual needs and preferences. These schemes also allow businesses to respond to a diverse workforce, which can improve staff retention and help attract new talent by demonstrating a commitment to supporting employees’ individual preferences.
Benefits to Employee
Employees benefit from the flexibility to have time off for holidays and events that are most important to them. This scheme enables employees to personalise their benefits and tailor their annual leave to align with their culture, lifestyle, and family needs. By allowing greater control over their leave, employees can achieve a better work-life balance and feel more valued by their employer.
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Ben is easily the most engaged initiative we’ve ever had. It gets everything to everyone in different locations, and I can’t even tell you how much time it’s saved us.
