Employers seeking to advise employees that they provide floating holidays and the circumstances under which those holidays will accrue, carry over and/or be forfeited or paid upon termination of employment should consider including this model policy statement in their handbook.
Employers seeking to provide personal leave to employees, establish the terms of the policy and preserve the employer's discretion to approve or deny the request should consider including this model policy statement in their handbook.
An employer may use this form to communicate the financial value of the Total Rewards initiatives it provides to its employees, such as compensation, benefits, training and development and various perquisites in support of work-life balance. A Total Rewards Summary helps an employer enhance employee commitment and engagement.