What is Leave Management?
As a company, you have employees and, naturally, they take off from work for various reasons like Vacation, Health Issues, Marriage, Bereavement, etc. These leaves or time-offs are paid or unpaid based on your company policies. Usually, a company gives a pool of days as Paid time off to its employees that they can use when required. Once these days are over, employees take leave with loss of pay or take a few hours away from work. This whole process of leave and managing it is called Leave Management. Providing the leaves, keeping track of the count of the leaves used, employees applying for these leaves, concerned people approving or declining these requests, accruals, carryovers, payroll based on leave consumption are a few of the major tasks involved in Leave Management for an HR.