This idea has already found traction among progressive companies abroad.

Google allows
its employees to donate leaves in the US, but this benefit hasnt yet been extended to its
India offices.

HR after recognizing the need for additional leaves for any employee, would circulate
an email where theyd request others to contribute surplus leaves accumulating to a
maximum of a fortnight long leaves.

HR will contact the Time and Expense admin team to accordingly reduce the
contributors balance and credit those hours into the employee who need the leaves.

If the HR is yet to be informed, you shall contact your supervisor to drop an email to
the People Advisor for immediate attention and support.

Hours of Help program

Accenture has policy to transfer the leaves to other employee. But it is applicable only when
requester is in need of leave as he had already used his leaves. It should have proper
justification to borrow leaves from other employee condition would be i.e. medical reason,
Health issue in family. Another thing is it has to be approved by respective HR to allow other
employee to transfer the leaves. Employee who is transferring the leaves will not get any
benefits i.e. in cash or any other kind. its kind of charity towards to your colleagues.

Increased Employee Retention

Replacing employees is costly, from advertising to interviewing to training. Studies
have shown that turnover costs approximately 20% of an employees annual salary.
These expenses are often far greater than the alternative of offering paid leave to
current employees.

Employees value paid leave. Giving workers the benefit of paid time off can increase
employee happiness and morale, which has the ultimate effect of improving
employee retention. Employees who are satisfied with their job and their benefits are
less likely to quit, and paid time off is a critical component of overall employee
contentment.

Importantly, paid leave has become a standard benefit in many industries. If a

company chooses to not offer some form of paid time off, then the chances of their
employees going to another employer increases. Providing paid leave is critical to
maintaining a competitive advantage when it comes to attracting and retaining
employees.

Fewer Unplanned Absences

When employees have the ability to take paid leave when they need or want to, it
decreases the amount of unscheduled absences from work. They can more readily
schedule appointments, meetings with contractors, or even days off to spend with
family or friends when they have a bank of paid leave days to use. While sickness
and emergencies still occur, when employees have the ability to schedule paid
leave, it reduces the overall number of unplanned absences. This gives employers
greater predictability and the ability to plan work based on who will be in the office.
Offering paid leave can help reduce the costs of scrambling to cover a shift or having
to reschedule a meeting because a crucial employee is absent from the office.

The presence of unwell employees can negatively impact on many areas including
productivity, safety at work, errors in judgment, and relationships between colleagues.

Accenture Leave Structure:

1. Mandatory Holidays - 8 days.(Statewise date differs).

2. Optional Holidays - 2 days.
3. Paid Leave - 20 days. ( Every 15 days 7.5 hours are added, so in a month it
comes to 15 hours. 15x12=180 hours in a year).
4. Sick Leave - 7 days.
So, in total its 37 days.

Surrogacy/ Maternity/ Adoption - 22 weeks.

IBM India