eXp UK will be introducing unlimited annual leave for its full-time staff, levelling the playing field of the work life balance for all those working at the company, not just its self-employed member agents.
The current statutory annual leave entitlement is a minimum of 28 days paid leave per a year for those who work a five-day week – the equivalent of 5.6 weeks.
Data shows that the average employee took 33.9 days in 2023, although this figure had reduced from an average of 36.7 days the previous year.
This 33.9 day average does, however, include the nine bank holidays that fell in 2023 and depending on how ruthless your employer is, they can include bank holidays within your 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 full-time employees within the business.
The head of eXp UK, Adam Day, commented: “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.”
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