Types of Leaves to Consider for Your Leave Policy in Leaveforce
As previously mentioned, this solution allows you to decide the type of leaves to add to your leave policies and the accruals and balances for each type. You can add as many as you wish based on your policy.
A leave policy defines the number of days each employee has, the kind they are eligible for, and how to apply for them. A policy like this guarantees they will get the necessary time off from work to strike a work/life balance.
For your leave policies, you can decide how soon after a hire is onboarded, they accrue certain days and whether balances from the current year will roll over to the next or not. Also, your policy should detail how many days in advance certain leave requests such as vacations can be requested.
Even though Leaveforce gives you the freedom to tailor your own time-off policies, here are a few common ones you could include:
- Vacations: This leave of absence with pay allows employees time off to rest, carry out personal business, or do whatever else they choose to do.
- Sick: This is mandatory paid leave in many countries, which gives your employees the time to recover from an illness or rest without fear of not getting paid.
- Parental (Maternal or paternal): Maternity leaves are for mothers to give birth, take care of their child and recover from delivery. Paternity leaves, on the other hand, are for fathers of newborns. This type of leave is not mandatory by law but is an excellent consideration for new fathers on your team.
- Bereavement: This is for when an employee loses a loved one/family member. It may vary based on the type of family relation.
- Unpaid: As it suggests, employees are not paid for this type of leave. Usually, this is taken under circumstances where all other eligible leave balances are maxed out, and the individual still needs additional time off.
- Public holidays: These are leaves given by the government of a country. Some countries share the same and have different ones specific to their culture. Knowledge of the types in countries where your staff members reside, and the laws surrounding them are beneficial in assigning the correct ones to them.
- FMLA/Family Medical Leave Act: Unlike sick leaves, which are paid leaves, FMLA is a labor law in the United States that gives certain employees up to 12 weeks (about three months) of job-protected, unpaid time off per year. Its purpose is to allow such employees to take leave for family or medical reasons. For example, to care for an immediate relative with a serious health condition(s) or their newborns' birth and care, etc...
How Much Does Leaveforce Cost?
Once you purchase Leaveforce, it is yours forever, and everyone on your team can use it without paying extra. Leaveforce costs $499, which includes having our team install, set up, and train you on Leaveforce (includes free support but no customization).
If you are a freelancer/managed service provider that wants to use our product for multiple client projects or to resell it, then you may purchase an unlimited resale license for $999.
Ready to get on board? Buy it now and get the app installed for free in your Microsoft 365 environment.