Annual Leave Policy
Salary Deduction Policy : Any leave outside the permitted leave within one month can be setup in the software to be considered as unpaid leave. The system can also set up to consider the leave as unpaid leave if the employee’s allocated late leave is over and the leave is canceled due to late arrival. Compensation for Additional Discounts : At the end of the financial year the employee can adjust the dedicated leave from his earned leave or deduct the earn leave as balance or if the earned leave is not as balance, the system can be set up to adjust the monthly Salary in the last month of the financial year.
Leave Type
There are different types of Leaves given and listed in Company HR Annual Leave Policy. The leaves can be categorized as Annual Paid Leave or Unpaid Leave. Some leave which are approved and granted to an employee basis availability of leave balance are paid leave or leave with pay. However unpaid leave or leave without pay can be availed by an employee at the time of emergency and when no leave balance left.
Cancellation of leave: Approved leave can be cancelled depending upon the business demand. Leave once cancelled by reporting manager an automatic notification will reach to the employee and the HR.Leave balance will be updated accordingly by HR Extension of leave : In case of extension of leave due to any unforeseen circumstances the employee must inform reporting manager in advance; once extension of leave is approved by reporting manager it is manager’s duty to inform HR. This is the case when leave extension has been told verbally or over the phone. It is employee responsibility to regularize leave on HRMS tool once employee has resumed back on duty. The extended leave must be applied on HRMS tool in case of planned extension so that both the reporting manager and HR are informed automatically.