The time frame during which employees are eligible for paid leave is known as the “leave year.” While many companies have their annual leave year from January 1 to December 31, some have it from April 1 to March 31. According to the policy, each employee is granted a certain amount of paid leaves during a leave year, which they may use. In the event that an employee is unable to use all of their leaves, many employers additionally provide the option to carry forward.
