sick leave
(redirected from sick pay)Also found in: Dictionary, Thesaurus, Financial, Wikipedia.
sick leave
n.
Paid or unpaid absence from work allowed an employee because of sickness.
Also found in: Dictionary, Thesaurus, Financial, Wikipedia.
References in periodicals archive
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Eligibility and rules for sick pay could also be clarified, the benefit could become more flexible to allowed phased returns to work, and enforcement could be strengthened, officials claim.
For employees with generous sick pay schemes it will seem more attractive to request that time when ill on holiday is reclassified as sick leave.
The conversion of sick pay and vacation time to take-home pay is also problematic, regardless of whether Richardson overdrew her account.
By taking out an income insurance plan, an employer turns a potential unbudgeted loss into a fixed monthly cost--this means that, for a set amount a month, the possibility of a business paying out unscheduled sick pay for an unknown period of time is eliminated.
CHIEF: Ms Speight The present system entitles workers to sick pay after a year, 31 days' holiday a year instead of the national level of 28 and pounds 6.58 an hour for skilled workers.
General secretary Dave Prentis said: "It cannot be right that these massive multinational companies can make huge profits but still cheat workers out of basic terms like sick pay - it is enough to make anyone sick.
Company sick pay is different from Statutory Sick Pay in that an employer is free to make its own contractual arrangements and an employer does not need to provide company sick pay at all by law.
Keywords: Sick pay; sick leave; moral hazard; adverse selection; optimal insurance; optimal sorting
A sick pay or short term disability plan is a plan that continues employees' salary or wages for a limited time during periods of illness or other disability.
Complicated though the regulations are, says Mr Ashmore, there has been some welcome clariMcation of the rules covering sick pay and the disabled.
At least 12 states have considered sick pay legislation this year.
EXTRA cash is needed to cover the rising sick pay for school cleaners, it has been revealed.
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