Understanding Leave Policies: Why Do Companies Offer Leave and How Is It Calculated?

Please share with me:

Objective of Leave

1. What is the objective of leave?

Penalties and Reasons for Leave

2. What are the penalties? Why do organizations give leaves to their employees?

Calculating Leave

3. How do you calculate leave in a calendar year and on what basis?

I am also looking for a job in HR in the Mumbai area. If anyone knows of a vacancy in HR, kindly reply.

Leaves are given to employees so that they can spend some time with their loved ones. PL (Privilege Leave) is calculated on a pro-rata basis. PL is credited according to the number of days worked in the previous year. CL (Casual Leave) & SL (Sick Leave) are given as per the Company's policy. PL, CL, and SL are calculated based on the calendar year.

Also, please see the below links to clarify your doubts:
- [Leave Policy India](https://www.citehr.com/2068-leave-policy-india.html)
- [Leave Policy Company under Shop Establishment Act](https://www.citehr.com/109069-leave-policy-company-under-shop-establishment-act.html)
- [HR Leave Policy](https://www.citehr.com/215716-hr-leave-policy.html)
- [Leave Structure Company](https://www.citehr.com/386587-leave-structure-company.html)

Hope this clears your doubt.