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Discounted goods for employees policy

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Use this model policy to detail a scheme in which employees are provided with a discount on Company goods.

Reading time
How long to understand and implement this policy?
5 mins
Word count
How many words in this policy?
281
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What is a Discounted goods for employees policy?

The purpose of this Discounted goods for employees policy is to provide you with a flexible and customisable document to serve as a robust and effective starting point for you.

By using our Discounted goods for employees policy, you can streamline your process, maintain consistency and accuracy, and save time, and it can be easily adapted to fit your specific scenario.

Best practice timescale for this to be issued
When should this policy be issued?
During onboarding / after changes / planned refresher
Issued by who, to whom
Who should issue this policy, and to whom?
Internally issued to appropriate recipients in your Company
Applicable legal jurisdictions
In which jurisdictions can this policy be used?
Great Britain & NI (United Kingdom), Worldwide

Discounted goods for employees Policy

Overview

The purpose of this policy is to detail the scheme in which employees are provided with a discount on Company goods.

Scope

This policy is applicable to all employees of [company name].

General principles

[Company] is pleased to be able to provide a discount on Company goods for [all employees/employees with over [number] months' service]. [Company] is also able to provide a discount on goods from its associated companies: [names of associated companies].

A current list of discounts is available [from [name]/on [Company]'s intranet].

For goods and products purchased over the telephone, employees will be required to quote their [employee number/unique reference number]. For goods purchased on the shop floor, employees will be required to produce their [staff identification/security pass].

[All employees/employees with over [number] months' service] can also obtain discounts at a range of local shops. To obtain a discount in these shops, employees will be required to produce their [staff identification/security pass].

A current list of local shops offering discounts is available [from [name]/on [Company]'s intranet].

If an employee encounters difficulties in obtaining a staff discount, he/she should contact [name], who will attempt to resolve the situation within [number] days.

Where an employee has a suggestion for new discounts that could be offered, he/she should contact [name] in the first instance.

Employees are prohibited from buying goods through the staff discount scheme and then selling them at a profit. [Company] will take disciplinary action against any employee who is found to have abused the staff discount scheme.

Availability of the discount scheme is at [Company]'s discretion. [Company] reserves the right at any time to vary or withdraw the discount scheme with reasonable notice of any change.

This policy [does not] form[s] part of your terms and conditions of employment.

Version: [1.0]

Issue date: [date]

Author: [name, job title]

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discounted goods for employees policy