Project management software, Project tracking system, Project planning tool Project Management Software by Tenrox for online resource management & scheduling, project planning, time & expense tracking, project billing & cost reporting.
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Project management software, Cost accounting, Project tracking system

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Leave Policy

Term Definition
A Leave Policy is a set of rules, procedures and guidelines established by organizations in accordance with applicable federal and local laws, which govern the process, timeframes and reporting procedures for time taken off work.

Leave or  time off policies determine the type and amount of time that can be taken off work, how such time will be reported and paid, and the process for requesting time off. Without a leave policy, it would be impossible for organizations to effectively manage their workforce and appropriately allocate resources.

Leave policies establish the policies that govern paid time off, unpaid time off, and time required by federal and local laws. A consistent and clearly communicated leave policy establishes the expectations of employers and employees. Employees will know how much sick time they have, how to handle time off in the event of family illness, whether or not they are paid for jury duty or military reserve training.

Annual leave is referred to as vacation time or in some companies Paid Time Off (PTO). A leave policy will address the number of hours employees accrue annually for this leave, the procedures for requesting the leave, whether unused time can be carried over to the next year and how unused leave is handled if the employee separates from the company.

In companies that separate paid time off into separate catergories, leave policies will also address sick leave. Sick leave is time taken for illness. The leave policy will also address short term and long term disability leave. The federal government established policies for family illness with the Family Medical Leave Act of 1993 (FMLA). FMLA allows employees to take unpaid time off (up to 12 work weeks in a 12 month period) for a family member's illness without the threat of termination.

Other types of leave covered in leave policies are court leave (jury duty, or witness), adoption related leave, and military service leave.

Area of Application
Timesheet Policy
Workforce Management

Related Terms
Time Sheet
Web Based Time Sheet

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Recording

“We already have a process – Why doesn’t it work?”
Guest Speaker : Randy Mysliviec, CEO, RTM Consulting


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"Tenrox is the most robust and forward -thinking project workforce management product I have seen for addressing our project workforce management, billing and cost accounting needs. We expect a full return on our investment in less than six months, just for the first phase of implementation."

Russ H.
EVP and Co-founder
Synteract

Tenrox web based enterprise project management software is a modular solution that helps simplify your, project planning, project tracking, project accounting, expense tracking, enterprise resource / capacity planning, and time and billing.

Traditional project planning and project management software tools put the burden of creating and updating project plans on the managers shoulders. Tenrox makes your project planning and management quicker and easier by using simple and effective workflow tools to help you get the job done quicker and easier.

Our online business project planning and project accounting system is workflow-driven and replaces the spreadsheets and band-aid applications that leave your project-driven work force and processes disconnected. With work breakdown structures to mirror the way you do business, Tenrox allows you to easily map your projects to your corporate structures: Capture and track project data at any level of detail, mirror every business operation area with distinct functional and approval hierarchies, and summarize or drill down into your project workforce financials. Tenrox is the perfect online enterprise project management software solution to align your projects and workforce with your business goals.

With online project management tools by Tenrox, you obtain real-time information on costs, expenses, revenue, profits, project status, schedules and issues, ensuring successful project management planning and delivery. Tenrox Project Workforce Management Software meets the needs of both service organizations for professional services automation and for internal project management offices so you can manage and view both process and financial impact in real time.

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