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Linklaters introduces bank holiday exchange scheme

Linklaters has launched a ‘bank holiday exchange’ scheme for UK employees, allowing them to take time off at another point in the year in exchange for working on a bank holiday.

Staff can take up to three bank holidays at another time that works for them, in the same holiday year.

The only bank holidays that fall under the scheme are the August bank holiday, Good Friday and Easter Monday, suggesting staff will still need to take time off during the May bank holidays, Christmas and New Year.

The scheme will come into effect from 1 May.  It will enable employees to celebrate the religious and cultural observances that are important to them without having to take annual leave, Linklaters said.

Angela Ogilvie, chief HR officer at Linklaters, said: “We know that flexibility and agility at work is important to our colleagues, and it supports our inclusive culture. This scheme reflects the diversity of cultural and religious events celebrated across the firm and enables people to flex their UK bank holidays to mark those events that are most meaningful to them, without having to take annual leave.”

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