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New hires often inquire about a company's time off policy, highlighting the importance of having freedom for vacation, sick time, and personal reasons. Factorial offers HR shorts to stay informed in the fast-paced HR world. Managing employee time off requires knowing if the request is paid or unpaid, the employee type (salaried or hourly), and the type of time off requested. Factorial provides a PTO tracker template for easier management. Time off requests can be categorized into three main types: leisure (including vacation), personal (such as sick leave), and holiday time.
