NTU’s Salary Sacrifice Holiday Buy Scheme is back for 2023/2024

Our Holiday Buy Scheme gives you the chance to buy additional holiday when you need more time off in the following annual leave year. 

Based on your feedback after the launch of the scheme last year, we’ve made some changes for the 2023/2024 holiday year so that we can continue to offer you more choice and flexibility

• Eligible colleagues can now request to purchase up to two working weeks of additional holiday to add onto their annual leave entitlement for the year (10 days / 74 hours for full-time colleagues, or pro-rata equivalent for part-time colleagues). This may differ for non-standard working patterns.

• For fairness and consistency, line managers are encouraged to approve the first three days of any request (however there may be exceptions where requests cannot be approved).

How it works

The Holiday Buy Scheme operates under salary sacrifice arrangements, which means you give up a portion of your gross salary (before any deductions are taken), in return for additional holiday. Your salary deductions will be spread across the 12-month holiday year period.

• The window for applications to buy additional holiday opens on Monday 24 July and closes on Monday 14 August.
• All applications to the scheme will be subject to eligibility criteria.
• Line managers will be notified in MyPeople when an application from their team member is waiting for their authorisation.

Full details about the Holiday Buy scheme can be found on the Holiday Buy Scheme page.

You’re encouraged to discuss your intention to purchase additional holiday with your line manager ahead of submitting your application.

Selling annual leave

The Term Two survey highlighted that colleagues are interested in selling annual leave, and this has been carefully considered along with other priorities. While this year we've focused on increasing the number of days available for purchase, we'll consider the option to sell holiday for 2024.