FCA Employee Handbook - Financial Conduct Authority

Benefits during a period of longer holidaysDuring a period of unpaid leave that is one month or more you will receive no salary or ‘flex’account during the period of your leave. If you take more than one month’s leave you will haveno entitlement to either core or flexible benefits for the period of leave after the first month,with the following exceptions:core life assurance (2x salary); anddeath in service benefits associated with being a member of the FSA Pension Plan i.e.dependants’ pension (if applicable).You should discuss any plans for applying for holiday under this process with your linemanager. With your line manager’s agreement, you will be required to give notice of at leasttwice the amount of time that you wish to use as leave (paid and unpaid). If your line manageragrees to your request, you should submit your request via the Unpaid Leave Absence recordvia Employee Self-service on Chrysalis.Holiday accrual and long-term sickness absenceDue to a change in legislation, a ‘statutory’ amount of holiday accrues while you are on longtermsickness absence, equivalent to 28 days per annum, including bank holidays. You arepermitted to take all or some of this holiday during the period of long-term sickness absence.If you wish to take holiday during this period, please inform your line manager in the usualway, as set out in this policy.Sickness during a planned holidayYou may be eligible for time off in lieu if you are able to provide a fit note to cover your illness,no matter what the duration of the illness. See Sickness Absence Policy for more details.Further guidancePlease read the holiday FAQs on My FCA Hub.Who is covered by this policy?This procedure covers all employees.Ownership, updates and query managementThis is the FCA’s Holiday Policy as at January 2012.The policy is owned by the HR Division and has been developed in conjunction with the StaffConsultative Committee.The policy is not contractual and is subject to change at our discretion of the FCA – anychanges will be published on the intranet.Any questions on the application of the policy should be directed to the HR Helpline onextension 67070.Contractual status of this policyThis policy does not form part of your contract of employment unless otherwise stated.FCA Employee Handbook 2013 18