Annual leave
Annual Leave
Annual leave (/ˈæn.juː.əl li:v/), also known as vacation leave or paid time off (PTO), is a period of time that an employee is allowed to be away from their employment while still receiving their usual pay.
Etymology
The term "annual leave" is derived from the fact that this leave is usually calculated on an annual (yearly) basis. The term "vacation" is derived from the Latin word "vacatio", which means "freedom, release".
Definition
Annual leave is a period of approved absence with pay from official duties. It is a benefit provided by the employer to the employee. The amount of annual leave may vary depending on the country's labor laws, the employee's length of service, and the employer's policies.
Related Terms
- Sick Leave: A type of leave that employees can use to stay away from work due to illness.
- Maternity Leave: A period of approved absence for a mother before and after the birth of her child.
- Paternity Leave: A period of absence for a father around the time of the birth or adoption of his child.
- Leave of Absence: A period of time that one must be away from one's primary job, while maintaining the status of employee.
- Public Holiday: A day when most people do not have to go to work, often because it is a celebration in their country.
See Also
External links
- Medical encyclopedia article on Annual leave
- Wikipedia's article - Annual leave
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