6 important leave policies most companies should have

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6 IMPORTANT LEAVE POLICIES MOST COMPANIES SHOULD HAVE

FAST COLLAB


Description ď‚— The workforce of any government, non-government or private organization

are allowed to avail leaves during their work tenure to assist them in maintaining the proper work-life balance. Various studies have emphasized so to guarantee health & happiness for the people and also to assist build productive businesses. ď‚— Employees can avail different types of leaves to take time out for activities

that are significant to them including spending time with friends & family, participating in sports & entertainment, volunteering, or even undertaking further study among others. Let us have the look at the several kinds of leaves that employees can avail under different circumstances.


1. Earned Leave or Privilege Leave ď‚— Employees earn this type of leave as they work for an

organization for a specified number of days. The privilege leave comes to the employees without any salary deductions. This kind of leave needs prior approval from the employer except in cases of emergency. Based on each company’s policy, employees are usually allowed to expand their privilege leaves & even encash them in case they have not used. The number of earned leaves may vary by industry & region.


2. Casual Leave

ď‚— Casual leaves are basically for short durations & can be

taken with prior information to the employer except in cases when notifying the company is not possible. Across industries and organizations, there are various rules for the number of days that can be availed at a stretch varying between 3 to 5 to 7 days. As a rule, official holidays are not counted when calculating the total casual leaves taken.


3. Sick Leave or Medical Leave ď‚— An employee can call in sick if he is not in a state to come to

the office for work. Usually, an employee is entitled to sick leave only after a stipulated period of employment in an organization. The number of infected leaves permitted might vary from company to company & as a matter of fact, no prior hint is needed for availing this type of leave. A medical certificate from a registered medical practitioner may be obliged to testify the sickness if the sick leave has prolonged for an extended period.


4. Maternity Leave

ď‚— This provision is primarily accessible to those women

employees who are expected to deliver a baby in the coming months. As a rule, the period of paid maternity leave is maximum 26 months, which can further extend to maximum 16 months of unpaid leave. Maternity leaves are a separate set of leaves given to a female employee and no deductions are made from any of the above leave types. This kind of leave can also take in case of miscarriage or abortion, but the left limit in such instances is shorter.


5. Quarantine Leave ď‚— Quarantine Leaves are sanctioned to an employee only if

there is a transmissible disease in the family or household of the employee that can be dangerous to the health of other people in the organization


6. Sabbatical Leave or Study Leave ď‚— An employee can be granted a sabbatical permission to

allow him/her to upgrade his knowledge & experience in a means that he will be of greater use to the company after re-joining. While assigning Sabbatical Leaves it is necessary for employer to get a contract signed from the employee that he/she will join the office (or stay for a certain period of time in the company) after the sabbatical is over.


Conclusion ď‚— FastCollab is a Marketplace for all your Business Services

supported by All-In-One Platform. FastCollab’s Leave Management system allows companies to set & customizse their own leave policies. Let employees apply leaves with approval workflows and detailed reporting on leaves availed and in balance.


Thanking You

By FAST COLLAB


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