Hoe does it work?
The Terms of Employment Individual Choices Model gives you some freedom to assemble your own set of terms and conditions. You do this by exchanging terms and conditions (sources) for other terms and conditions (targets).
The Terms of Employment Individual Choices Model includes one source of time (leave hours) and three sources of money (monthly salary, holiday allowance and annual bonus).
There are a number of different targets within the Terms of Employment Individual Choices Model. For example, you can use your salary to buy extra leave hours, you can save leave hours as part of the long-term saving option or you can convert leave hours into extra salary. There are also a number of tax options (e.g. an allowance for commuting, your sports club membership or your union fees) that allow you to gain a tax advantage by using gross salary.
For more information about the different options, go to the list of all options within the Individual Choices Model.