HR Glossary

What is Leave Policy?

A formal document that defines the types of leave available to employees, eligibility criteria, entitlement amounts, request procedures, approval workflows, and rules for accrual, carryover, and encashment within an organization.

Why it matters in hiring

Leave Policy comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with L

• Lateral Hiring
• Leadership Development Program
• Learning Management System (LMS)
• Learning Pathway
• Life Insurance
• Living Wage
• Lohnsteuer - Wage Tax (Germany)
• LWF - Labour Welfare Fund

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.