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Leave Policy

Every team member (the Member) benefits from our "paid time off" allowance described below or directly in the signed agreement.

Important

In case of conflict between the signed agreement and scheduler, the signed agreement terms prevail.

How Many Days Do You Get?

The number of paid days you are entitled to per year depends on your total time with Holdex:

Your Service Time Paid Days per Year
0 – 6 months 0 days
6 months – 1 year 10 days
1 – 3 years 14 days
3+ years 14 days + special allowance

These days cover everything: vacation, personal days, sick days, and public holidays. Default values above apply unless your individual agreement specifies otherwise.

These are your annual entitlements — days are not granted all at once. See How Do You Earn Days? below for how they accrue over the year.

How Do You Earn Days? (Accrual)

Days are accrued gradually throughout your leave year — you do not receive the full entitlement up front. The formula is:

paidLeaveAmount = (totalEligibleLeaves / 365) × daysElapsed
  • totalEligibleLeaves — your annual entitlement from the table above (or your agreement)
  • daysElapsed — the number of days that have passed in your current personal leave year

Your current accrued balance and leave year are visible in your individual HR issue.

When Does Your Year Start?

Your personal leave year = 365 days from the date you signed your agreement.

Carry-Over

Unused paid days carry over in full at the end of your leave year. Carried-over days expire 6 months into the new year if not used by then.

This means days you didn't use before your reset date remain available well into the following period — for example, if your year resets in August, carried-over days are still valid through February.

How to Request Leave?

See the Leave Request guide.

Money Rules

Situation What You Get / Lose
You leave the company Up to 5 unused paid days are paid out → monthly rate ÷ 30 × days
You have leftover days at year end Unused days carry over in full; they expire 6 months into the new year
You take unpaid leave Money is deducted → monthly rate ÷ 30 × unpaid days