Hi,
I am currently reviewing the company's annual leave policy. The management would like to revise the annual leave entitlement upwards. Currently, our practice is as follows:
- Work less than 5 years: 14 days
- Work 5 years & above: 20 days
Proposed revision:
- Work less than 2 years: 16 days
- Work 2 years but less than 5 years: 18 days
- Work 5 years & above: 22 days
In Malaysia, it is common for companies to provide at least 14 days of annual leave. I would like to know what the market is like in terms of annual leave entitlement for employees. Is 14 days still sufficient for today's competitive talent retention market?
Appreciate your comments, please.
Thanks and regards,
Ashley
I am currently reviewing the company's annual leave policy. The management would like to revise the annual leave entitlement upwards. Currently, our practice is as follows:
- Work less than 5 years: 14 days
- Work 5 years & above: 20 days
Proposed revision:
- Work less than 2 years: 16 days
- Work 2 years but less than 5 years: 18 days
- Work 5 years & above: 22 days
In Malaysia, it is common for companies to provide at least 14 days of annual leave. I would like to know what the market is like in terms of annual leave entitlement for employees. Is 14 days still sufficient for today's competitive talent retention market?
Appreciate your comments, please.
Thanks and regards,
Ashley