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In this video, Josh, founder of HR University, explains bereavement leave, which allows employees time off to deal with the death of a loved one. This leave addresses the significant emotional and practical responsibilities employees face, such as contacting family and arranging services. While many businesses offer a set amount of paid bereavement leave, not all have formal policies in place. Josh emphasizes the importance of understanding bereavement leave and its evolving policies and qualifications, advocating for companies to consider implementing a policy if they do not already have one. The video aims to provide a comprehensive understanding of bereavement leave and its implications.