Hi Belinda,
Unfortunately most benefits will incur some costs, however you might want to investigate the following:
Purchased Leave: Under this scheme, the employee is paid for 48 instead of 52 weeks in the year.
In return for this, they have their normal 4 weeks Annual Leave per year, plus 4 weeks pre approved Leave without Pay. This gives them a total of 8 week's leave per year.
Deferred Salary: Under this scheme, the employee is paid 80% of their salary so they can take one full year of paid leave upon completion of their fourth year of service.
You also might like to try changing your Bereavement Leave so that the employee is automatically entitled to 3 days of Sick Leave on the death of a family member in addition to the 2 days Bereavement Leave, as it usually takes most of us 1 week to arrange funerals etc before returning to work (most are not really fit for work during this time anyway).
To ensure these are implemented properly you need to ensure your policies/procedures are updated to reflect these new conditions. Make sure that your policies spell out all terms and conditions. Additionally, you will need to get your employees to sign a form in order to join the 1st 2 schemes, as the employee will be sacrificing part of their salary.
Hope this helps.
Cheers
Michaela
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