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People do this all the time and most contracts stipulate this. So, if you think about it, no working person would get a TC through a VS route. I have 2 friends that said nothing, took annual leave and now have the TC at SH and Latham. I think you have to do what is best for you. If you have a good relationship with your supervisor and they are supportive - ultimately their allegiance is to the company but maybe you have a close relationship with your supervisor? Personally I would do it and not say a word. For one, I don’t believe that it impugns your integrity- firms are aware working people do this. Second, if your firm knows you’re essentially looking for other employment that could adversely affect you if you don’t get the TC. Also, when these companies are ready to fire you, they do it- no questions asked no considerations for your personal circumstances.

It’s your annual leave you can do with it what you like. I would say if you believe the VS would be a conflict of interest due to the nature of the work you do, then yeah maybe say something but otherwise keep it to yourself and go get that TC! Good luck with whatever you decide.