In a world increasingly connected through technology employees are finding it more difficult to separate their work lives from their personal lives.  This has been further exacerbated for some by the enforced work from home environment imposed by coronavirus restrictions.

Promoting a healthy work-life balance is crucial not only for maintaining good health and relationships, but also for employee performance and productivity.

If, as an employer you support employees by encouraging a positive work-life balance, employees tend to work harder, make fewer mistakes and are more likely to promote your organisation in a positive manner.

A simple cost-effective benefit particularly in times when there is reportedly a pent-up demand for holidays would be a holiday buy/sell scheme.  This is where you allow employees to sacrifice salary for extra days off or gain an increase in salary if they feel unlikely to fully utilise their holiday entitlement.

The Working Time Regulations give workers the right to a statutory minimum amount of holiday per year, so it’s important employees don’t sell leave which would take them below this.

As an employer you can increase employee flexibility, improve work-life balance and generally speaking, more employees want to buy holiday than to sell it, so it’s more likely to result in cost savings to the business.

Want to know more? 

Contact us at The Benefits Lab by Booking in for a chat.

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