Use-It-or-Lose-It
A use-it-or-lose-it policy forfeits any leave not taken by the end of the leave year, with no carry-over.
Use-it-or-lose-it is a leave policy where any entitlement not used by the end of the leave year is forfeited rather than carried forward or paid out. It pushes employees to take their full allowance within the year.
The approach keeps balances clean and limits liability, but it can create a year-end rush of leave requests and may conflict with statutory protections in some jurisdictions, so policies must be checked against local law.
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