Opodo travel news

Employers discuss cutting holiday entitlement

Businesses keen to cut holiday entitlement
6 Jul 2011

A study by insurance company MetLife has revealed that more than one quarter of small businesses want to cut annual staff holidays by four days.

Some 27% of those small businesses questioned for the survey suggested that too much holiday allowance was costing them dearly.

Dominic Grinstead, managing director of MetLife UK, said: 'Employers are starting to question the overall value of their employee benefits package and paid holidays are clearly an expensive part of the package.'

When questioned, 36 per cent of employees said that they would be willing to take a cut in the number of holidays allocated to them if it meant they would receive a pay rise in its place.

Employers are also offering staff additional unpaid leave to help cut costs, with 48% of businesses admitting to making such a suggestion to staff.

The government states that all UK employees are entitled to 28 days annual leave if they are working a five day week.

Employers do have the right to control when a person takes their holiday.

Opodo cheap flights, hotels and car hire - let the journey begin!ADNFCR-408-ID-800613753-ADNFCR

Rate this article (5 great; 1 terrible):