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Annual leave, also known as statutory leave, is a period of paid time off work granted by employers to employees to be used for whatever the employee wishes. Depending on the employer's policies, differing number of days may be offered, and the employee may be required to give a certain amount of advance notice, may have to coordinate with the employer to be sure that staffing is available ...
When people "take leave" in this way, they are usually taking days off from their work that have been pre-approved by their employer in their contracts of employment. Labour laws normally mandate that these paid-leave days be compensated at either 100% of normal pay, or at a very high percentage of normal days' pay, such as 75% or 80%.
Employees are entitled to a minimum of 21 basic calendar days of annual leave. Skilled employees, experts and senior employees are entitled to 30 basic calendar days of annual leave. Additional 2 days accrue on top of basic vacation every 5 years. [23] Every employee is also entitled to 19 paid public holidays. [24] 21 19 40 The Bahamas
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Application forms are the second most common hiring instrument next to personal interviews. [9] Companies will occasionally use two types of application forms, short and long. [citation needed] They help companies with initial screening and the longer form can be used for other purposes as well [clarify]. The answers that applicants choose to ...
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Administrative leave is a temporary leave from a job assignment, with pay and benefits intact. [1] Generally, the term is reserved for employees of non-business institutions such as schools, police, and hospitals. The definition of administrative leave may vary by institution.
Editor's note: Annual percentage yields shown are as of Friday, February 14, 2025, at 8:10 a.m. ET. APYs and promotional rates for some products can vary by region and are subject to change. Sources
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