Statutory Leave | Meaning and Definition

What is Statutory Leave?

It is the minimum number of leaves that every employee and worker working in the organization has the right to get. These leaves are paid leaves, and every employee and worker is entitled to get them in a year. The paid leaves are of different types. The different types are casual leaves, paternity leaves, sick leaves, maternity leaves, and many others. The utilization of statutory leave depends on the rules and regulations set by each company. They have the entire control over the usage of these leaves according to their choice.