Associate Handbook 2018

Any Public Holidays that fall on a Monday, Tuesday or Wednesday will be deducted from their Public Holiday entitlement. If the Associate does not have enough Public Holiday allowance to cover the number of Public Holidays that fall on their normal working days then this will be deducted from their holiday entitlement. Any surplus Public Holiday entitlement can be used at any other time within that holiday year.

Part-time Associates who have a work pattern of 5 days a week where the same number of hours are worked each day can count their leave in the same way as full- time Associates.

The following link shows the Public Holidays for England, Wales, Northern Ireland, Scotland and Eire.

There are eight permanent public holidays in England and Wales, nine in Scotland and ten in Northern Ireland.

http://www.direct.gov.uk/en/Governmentcitizensandrights/LivingintheUK/DG_073741

6.4

Leaving Employment *

If an Associate leaves the Company they will receive holiday entitlement on a pro-rata basis according to the number of full calendar months they have completed in the holiday year. If they leave the Company on or after the 28 th of the month they will receive holiday entitlement for that month. The Company reserves the right to require Associates to take (or not to take) any unused holiday entitlement during any period of notice that has been given either by the Company or the Associate. If the Company does not exercise this right, then on leaving the Company’s employment, Associates will be paid a sum equivalent to the value of any unused holiday to which they are entitled after deductions of tax and national insurance contributions. This will be paid at 1/260 th annual basic salary (pro-rata for part-timers) per unused days. Holiday taken in excess of Associate’s accrued entitlement as at the termination date will be recovered from any payments due. Lockton has no fixed retirement age. The Company acknowledges that retirement is a matter of choice for individuals and will not pressurise Associates into resigning because they have reached, or are approaching, a certain age. Associates are free to retire whenever they choose or to seek alternative roles or working patterns. We are proud to employ people of all ages and consider that age diversity is beneficial to the organisation. We are committed to not discriminating against employees because of age and adhere to the principles set out in our Equal Opportunities Policy. Associates or their Manager may want to discuss your short, medium and long-term plans, as the need arises. The Company needs to plan for the business, and so may indicate from time to time that it would be helpful to know what Associates’ plans are. There is no obligation for us or you to hold workplace discussions about your future plans, but it may be mutually beneficial to do so. No accrued holiday pay will be due if Associates leave before a mutually agreed leaving date. 6.5 Retiring Associates