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Compensation and Benefits
Parental Leave

Parental Leave

Parental leave is extended time off from work for new parents to care for and bond with their newborn or newly adopted child.

Hazard Pay

Hazard Pay

Hazard pay, also known as high-risk allowance, is additional compensation given to employees who work in dangerous conditions or environments that pose potential physical harm. It is meant to account for the increased risk associated with certain jobs.

Earned Leave (EL)

Earned Leave (EL)

Earned Leave, also known as Privilege Leave (PL) or Vacation Leave (VL), refers to paid time off that employees are entitled to annually based on their work tenure. Employees ‘earn’ these leaves in return for days worked during the year. Earned Leave is also sometimes termed as Annual Leave (AL) or Flexi Holiday by certain organizations.

Statutory Leave in India

Statutory Leave in India

Statutory leave refers to legally mandated leave that organizations are required to provide to employees as per labor laws. They ensure paid time off for essential needs without affecting job security.

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