Introduction to this document
Staff discounts policy
If you run a shop or a retail sales business and you want to offer your employees a staff discount on the goods and products you sell, use our staff discounts policy for this purpose. It’s common to give discounts in the region of 5% to 15% but the rates may well vary depending on the products for sale.
Money off
When considering setting up a staff discount scheme, you’ll first need to consider which staff will be eligible to obtain a discount (the Equality Act 2010 provides a blanket exemption for all benefits that are offered on the basis of length of service of five years or less), what rate or rates of discount will apply to your goods or products, how the qualifying employees should go about obtaining the relevant discount and who, other than themselves, they can obtain the discount for. Our Staff Discounts Policy covers all of these issues but you’ll probably need to adapt it accordingly to suit your particular business circumstances. We’ve also reserved the right for you to vary the rates and/or to withdraw the staff discount scheme at your discretion and made a breach a disciplinary offence.
Document
01 Oct 2012