Good day everyone.
I'm currently creating a proposal to convert to cash the
unused leaves (Vacation and Sick leaves) at the end of the year.
The current company policy will only carry-over unused
leaves to the following year. But I'm seeing a rise in a number
of "unnecessary" availment of leaves among our employees,
which created an increase in lost man hours.
I want to know the pros and cons of converting unused
leaves to cash at the end of the year. Will this help in
reducing the number of "unnecessary" request for leaves?
If you have already a proposal for this, may I request for a copy.
I'm currently creating a proposal to convert to cash the
unused leaves (Vacation and Sick leaves) at the end of the year.
The current company policy will only carry-over unused
leaves to the following year. But I'm seeing a rise in a number
of "unnecessary" availment of leaves among our employees,
which created an increase in lost man hours.
I want to know the pros and cons of converting unused
leaves to cash at the end of the year. Will this help in
reducing the number of "unnecessary" request for leaves?
If you have already a proposal for this, may I request for a copy.