What is Carry forward leave?

Carry-forward leave refers to the practice of allowing employees to carry over unused vacation or paid time off (PTO) from one year/month to the next. In many companies, employees are granted a certain amount of annual leave, but if they don't utilize all of their allocated time off within the calendar year, they might lose it. However, with a carry-forward leave policy, employees can retain a portion of their unused leave entitlement and use it in the following year.

Carry-forward leave policies are often implemented to promote work-life balance and employee well-being. They provide flexibility for employees who may not be able to take time off during the current year due to work demands, personal commitments, or other reasons.