Leave Policy
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The term ‘Leave’ means taking a break from work or going on a vacation or holiday. Every company in Indian Payroll has defined leave policies that have a different type of leaves which can be availed by employees whenever needed for personal life commitment. A leave policy helps an employer to define a particular number of leaves for each employee in a year. It contains the number of leaves, type of leaves, and eligibility criteria for employees.
Most common types of leaves in Indian Leave Policy
- Sick Leave or Medical: Leave granted in case of illness of an employee
- Casual Leave: Leave taken by an employee to relax or take a break due to personal reasons.
- Maternity leave: Leave granted to pregnant women for safe delivery of her baby.
- Paternity Leave: Leave granted to father right after the birth of his child.
- Bereavement Leave: leave granted in case of death of a family member of an employee.
- Privileged Leave or Earned Leave: Leave earned by an employee by performing well.
- Birthday Leave: Granted on the birthday of an employee.
- Anniversary Leave/Half day: Granted on the occasion of the wedding anniversary of an employee.
- Compensatory leave: Leave paid to an employee who works for an additional number of hours
- Unpaid Leave or Leave without Pay: It is an approved temporary absence from work.
- Festive Holidays: Holidays on religious occasions.
- Public Holidays: Holidays on nationally recognized days like 15th August, 26th January, 2nd October, etc.
Recently many organizations have adapted new leaves as a kind gesture towards employees:
- Menstrual leaves for women during menstruation cycle
- Quarantine Leave granted to employees who are ordered to stay quarantined.
