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General HR Terms
Bereavement Leave Policy and Rules in India

Bereavement Leave Policy and Rules in India

Bereavement leave, also known as compassionate leave or mourning leave, is a type of time off granted to employees to cope with the death of a close family member or someone with whom they have a significant personal relationship. The purpose of bereavement leave is to provide employees with the time and space they need to grieve, make necessary arrangements, and attend funeral services without worrying about work-related responsibilities.

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Leave Without Pay (LWP)

Leave Without Pay (LWP)

Leave without pay (LWP) is a type of unpaid time off that allows employees to take extended leaves from work for various personal, medical, or professional reasons. The key distinguishing factor of LWP is that employees take this time off without pay, meaning they forgo their usual wages and salary during the Leave without pay period.

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Casual Leave (CL)

Casual Leave (CL)

A casual leave or CL is a type of paid leave that allows employees to take short leaves from work for a variety of personal reasons. Casual leaves provide employees the flexibility to take time off from work for small yet important events in life without having to use their regular annual leaves.

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CTC (Cost to Company)

CTC (Cost to Company)

CTC (Cost to Company) refers to the total compensation that an employer provides to an employee annually. It represents the entire yearly cost that a company bears on an employee.

CTC is the gross amount that a company will pay out per employee it hires. It includes the employee’s basic salary, allowances, benefits, perks, reimbursements, social security contributions, gratuity, and any other compensation.

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