HR - Leave Type - CiteHR
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Can you all help me out with positives and negatives of having consolidated leave type instead of having different leave type like (CL, SL, PL) which is followed by most of the MNCs in the recent times
consolidated leave:
In this, multiple forms of leave are combined into one plan. An example of such a plan is one in which employees are given 4 weeks of leave for vacation and illness or disability, and the employees can allocate days between these various uses as they choose.
I would suggest that having a consolidated leave plan is better.

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