Attendance policy of a company is the set of rules related to the attendance of employees. It includes rules related to absenteeism i.e. number of leaves allowed – sick leaves, casual leaves, vacation leaves or other types of leaves authorized by the company.
It specifies the rules related to the how an employee is eligible for the leaves and how and when he has to apply for the leaves. It also specifies action in case of exceeding the number of leaves, payroll calculation, and action taken for lapses and falsification of attendance record and so on.
The attendance policy includes the time to report at work, the allowed duration and time of breaks, no of hours of work expected every day and so on.
A well-documented and communicated attendance policy helps both the employees and their managers to deals with attendance issues effectively. It also helps to handle unusual leave cases and decrease absenteeism in the company.