A Leave Year is the 12-month cycle used by organizations to track and manage employee leave entitlements. It can follow the calendar year (January to December), financial year (April to March), or a custom period defined by company policy. Industries like manufacturing, retail, logistics, e-commerce, and facility management services (FMS) use a leave year to reset leave balances, process carry-forward leaves, and ensure compliance with labor laws.

For companies managing contract workers, gig employees, apprentices, and blue-collar workforce, a structured leave year system helps optimize workforce planning, streamline payroll processing, and maintain accurate leave records. By leveraging automated leave management tools, businesses can track leave accruals, prevent disputes, and ensure smooth HR operations. A well-defined leave year policy enhances employee transparency, compliance, and operational efficiency.