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In this video, Josh, founder of HR University, explains bereavement leave, which is intended to provide employees time away from work to handle matters related to the death of a loved one and to process their grief. He notes that the death of a loved one comes with significant responsibilities, such as contacting family and arranging services, which require employees' time and focus. While many businesses offer a specified amount of paid bereavement leave, not all do, and he emphasizes the importance of considering a formal policy if one does not exist. Josh also plans to address current developments influencing these policies and qualifications related to bereavement leave.