This document discusses various types of paid leaves offered by companies, including vacation time, holidays, sick leave, maternity leave, and annual leave. It outlines employee eligibility, with full-time employees and both management and non-management staff able to receive coverage. The financing and costs of leaves are also addressed, as well as ensuring authentication of medical and travel costs to contain expenses. Communication of leave policies and benefits to employees is emphasized.
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PREPARE A BENEFIT POLICY AND CHOOSE THE TOPIC OF YOUR CHOICE final.pptx
2. PAID LEAVES
Paid leave is when an employee takes time off work
and is still compensated. There are several types of
paid leave, such as vacation time, holiday time, sick
leave, casual leaves, maternity leaves and annual
leaves too.
3. WHO WILL RECEIVE THE COVERAGE
A Full Time Employee Will Be Able To Receive The Coverage
Paid Leaves Are Offered To Both: Management And Non-management
4. FINANCING OF BENEFITS
Company will provide this benefit to their employee through its budget:
However both type of staff is eligible to avail this benefit either;
Management and
Non-management
5. Years of Service Avail Leaves Limit Annually
6 Months 07 Leaves Annually
Less than a Year Casual Leave 8 ,Sick Leave 8, Annual Leave
14
More than one year Casual Leave 10 ,Sick Leave 14 ,Annual
Leave 14
6. EMPLOYEE CHOICE
It depends on the employee to get their describe
leaves consecutively or in different tenures per year.
7. COST CONTAINMENT
In Case Of Sick Leaves, Any Medical Treatment Cost Can Be Authenticated
Through Bill Picture. From The Employee And The Hospital Both.
Any Travel Expense Can Be Authenticated Through Proper Channel For
Employees Benefit And To Keep The Companys Expenses From Burning Out..
8. COMMUNICATION
At the time of contract or joining
open-arm approach by the HR
one-on-one session by the HR correspondents
Display on employee portal
Website of company
9. HOW EMPLOYEES AND COMPANIES BENEFIT
FROM PAID LEAVES
Improved Mental And Physical Health
Increased Employee Retention
Better Productivity And Performance