6 important leave policies most companies should have -fastcollab blog

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16/09/2016

6 Important Leave Policies most companies should have | FastCollab | Blog

6 IMPORTANT LEAVE POLICIES MOST COMPANIES SHOULD HAVE May 16, 2016 Mukul Agarwal

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 Employees earn this type of leave as they work for

The workforce of any government, non­government or private organization are allowed toan organization for a specified number of days. The avail leaves during their work tenure to assist them in maintaining the proper work­lifeprivilege leave comes to the employees without any balance. Various studies have emphasized so to guarantee health & happiness for the people salary deductions. This kind of leave needs prior approval from the employer except in cases of and also to assist build productive businesses. 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 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

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