[UK] Estate agency offers unlimited leave to full-time staff

[UK] Estate agency offers unlimited leave to full-time staff
24 May 2024

In the UK, estate agency eXp will be introducing unlimited annual leave for its full-time staff, to enhance the work-life balance of everyone working at the company, Property Industry Eye reports.

According to eXp, the move is intended to level the playing field between staff and the firm’s self-employed member agents.

eXp UK currently offers a statutory annual leave entitlement of a minimum of 28 days paid leave per year for staff who work a five-day week; the equivalent of 5.6 weeks.

Data shows that the average UK employee took 33.9 days of leave in 2023. This figure had reportedly reduced from an average of 36.7 days the previous year.

However, the 33.9 day average includes the nine bank holidays that fell in 2023 and less generous employers can include bank holidays within workers’ 28 statutory annual leave days.

eXp UK says it wants to help estate agents re-address their work-life balance by introducing an uncapped level of annual leave for all the firm’s full-time employees.

Adam Day - the head of eXp UK - said, “Our self-employed agents are empowered to be the very best in the business and we allow them to operate on their own terms, with a working arrangement that suits them both personally and professionally.

“This empowerment, freedom and flexibility has cultivated what we consider to be the very best company culture in the UK property market and we felt it was important to extend this ethos to all full-time employees.

“Therefore, we’ve rolled out unlimited annual leave to all eXp UK employees to allow them to better manage their time, whether it be to make the most of maternity leave, to travel the world for that little bit longer, or anything else for that matter.”


Source: Property Industry Eye

(Quotes via original reporting)

In the UK, estate agency eXp will be introducing unlimited annual leave for its full-time staff, to enhance the work-life balance of everyone working at the company, Property Industry Eye reports.

According to eXp, the move is intended to level the playing field between staff and the firm’s self-employed member agents.

eXp UK currently offers a statutory annual leave entitlement of a minimum of 28 days paid leave per year for staff who work a five-day week; the equivalent of 5.6 weeks.

Data shows that the average UK employee took 33.9 days of leave in 2023. This figure had reportedly reduced from an average of 36.7 days the previous year.

However, the 33.9 day average includes the nine bank holidays that fell in 2023 and less generous employers can include bank holidays within workers’ 28 statutory annual leave days.

eXp UK says it wants to help estate agents re-address their work-life balance by introducing an uncapped level of annual leave for all the firm’s full-time employees.

Adam Day - the head of eXp UK - said, “Our self-employed agents are empowered to be the very best in the business and we allow them to operate on their own terms, with a working arrangement that suits them both personally and professionally.

“This empowerment, freedom and flexibility has cultivated what we consider to be the very best company culture in the UK property market and we felt it was important to extend this ethos to all full-time employees.

“Therefore, we’ve rolled out unlimited annual leave to all eXp UK employees to allow them to better manage their time, whether it be to make the most of maternity leave, to travel the world for that little bit longer, or anything else for that matter.”


Source: Property Industry Eye

(Quotes via original reporting)

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