The new rules, which will come into effect from January 16, will give employees 10 corporate holidays, leaves of absence, sick and mental health leave, apart from unlimited leave. Those with unutilized leave balance will get lump sum payment in April.
Employee leave Policy 2023: There is good news for the employees of the legendary software company Microsoft. The tech company has made a big change in its leave policy. As per the new policy, the company has offered unlimited time off along with other holidays, although not all employees of the company will get the benefit of this policy.
So many holidays
The Verge website, citing an internal memo, said that Microsoft employees in the US who do not have a fixed number of holidays will be able to take unlimited holidays. Holidays, leaves of absence, sick and mental health leave will be available. Those with unutilized leave balance will get lump sum payment in April.
They will not get benefit
Along with this, time will also be given for jury duty or mourning. According to a report in The Verge, Microsoft’s Chief People Officer Kathleen Hogan has emailed employees informing them about the new policy. However, people who are working on hourly basis or live outside the US or are working as a freelance, they will not be able to take advantage of this policy as all the countries have different laws, in this case from US Employees living outside cannot be included in this policy.