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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%.
Sick leave (also called medical leave in India) is the leave that an employee is legally entitled to when the employee is out of work due to illness. Medical leaves can be taken for a minimum of 0.5 to a maximum of 12 working days with 100% pay or a maximum of 24 days with 50% pay per employee per year.
An employer's main benefit from a garden leave is the ability to protect their businesses. [5] A similar practice applies in the United States where an employee (typically a high-ranking executive) that is immediately relieved of responsibilities usually remains with the company as a consultant (special adviser) for the remainder of their ...
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In Malta, every employee is entitled to 2 days' marriage leave. [2] In Spain, an employee is entitled to 15 calendar days from the day of the wedding. [3] In Vietnam, according to the Labor Code, an employee is entitled to 3 days of paid leave when they get married, and 1 day of paid leave when a child of theirs get married. They are also ...
Revision features allow content to be updated and edited after initial publication. Revision control also tracks any changes made to files by individuals. Publishing functionality allows individuals to use a template or a set of templates approved by the organization, as well as wizards and other tools to create or modify content.
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Common fringe benefits can vary from meal plans to health insurance cover, retirement plans, company cars and even interest-free loans for the purchase of housing. Fringe benefits are also often tax deductible for the employee. The level of STI relative to basic salary is typically a function of seniority eg. a junior executive may have an STI ...
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