Under a leave donation or leave share program, employers encourage employees to donate a portion of their accrued leave time to coworkers who have already used up all of theirs but need additional hours or days to handle an emergency.
In this kind of plan, the contributed leave is deposited into a left bank. Another employee may formally request or attempt to use any of the donated leave time if they are out of paid vacation days but still have time off. Employers determine in advance what conditions must be fulfilled by a candidate in order for them to be eligible for any of this time off, and they apply those rules to each applicant.
The advantages of the leave-sharing plan
There are benefits to having such a plan. It not only promotes camaraderie among coworkers but also reduces turnover by finding ways to keep employees on track who have exhausted their leave due to hardship. This can be accomplished without the total quantity of employee absences costing the company money. In conclusion, this could boost morale, particularly if the vacation is needed for a medical or other emergency.
