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What are company sick days, and why do companies offer them?
Company sick days are days that employees take off work due to illness or injury. Companies offer these days to allow employees the time they need for recovery. A generous sick day scheme can also be an attractive benefit for prospective employees.
How do company sick days differ from statutory sick days?
Company sick days are not legal requirements and vary between companies. Statutory sick days, however, are the minimum sick days employers are legally required to provide to their employees.
What is typically included in a company sick pay scheme?
A typical company sick pay scheme includes details such as the amount of time an employee can take off due to illness or injury, the payment structure (full pay, reduced pay, sliding scale, etc.), provisions for long-term sick leave, and guidelines for reporting sick absences.
How are company sick pay schemes managed with a global workforce?
A4: Managing company sick pay schemes with a global workforce requires adapting policies to align with local regulations, rules, and customs for sick days. Partnering with a third-party provider, such as a global payment distribution platform, can streamline the process by offering software and solutions tailored to each country of operation.