Leave Policy

Summarized Version – for M-level employees

Effective from August 1, 2022

Corporate HR & Communications

Background
MTM’s management is very well aware of the fact that global business scenarios have been
evolving and changing at a very rapid pace and Pakistan is no exception which has resulted
in a dramatic shift in employees’ expectations i.e. what employees want now is not what
they wanted a few years ago. On the other hand, organizations like MTM do not shy away
from demonstrating their responsibility towards taking care of employees’ expectations in a
proactive manner in addition to being an organization that prioritizes regular improvisation
in its talent strategy as well as realignment of benefits programs by putting people first.

CHR&CC team’s periodic review of the policies suggested that the existing leave policy
needs some considerations to make it time and business relevant hence the revised policy
with due approval concerned management authorities.
Sr. No. Leave Type No. of Days Allocated Description

1 Earned/Annual Leave 21 Days

2 Casual Leave 10 Days

3 Sick Leave 10 Days

4 Marriage Leave 07 Days

5 Maternity Leave 84 Days

This leave is neither benefit nor a perk. This is a conditional leave subject
6 Leave Without Pay 10 Days
to the approval of concerned authorities.

7 Paternal Leave 03 Days

As per work
8 Compensatory Leave
requirement
(30) days for Hajj
9 Hajj/Umrah Leave
(7) days for Umrah
Sr. No. Leave Type No. of Days Allocated Description

10 Iddat Leave 90 Days In the event of divorce or death of husband

Due to death of Parents, Brother, Sister, Daughter, Son, or

11 Bereavement leave 03 Days
Wife
10 Days (after completion of one year
Learning & of continuous Service) Conditional Leave; only for company-sponsored external
12
Development leave 03 Days (after completion of 6 learning & development programs.
months of continuous service)
No separate days are allocated.
Half Casual Leave This leave may be availed in case an employee faces any
13 Casual Leave Days will be utilized for
(HCL) health issue after joining duty/office.
this leave.
No separate days are allocated. Sick
This leave may be availed in case an employee faces any
14 Half Sick Leave (HSL) Leave Days will be utilized for this
emergency situation after joining duty/office.
leave
Short leave may be availed from CL. If there is no balance
in CL, a short leave may be availed from EL. Three short
leaves will be equal to one day’s leave to be deducted from
15 Short Leave (SHL) 3 hours per short leave
CL and if there is no balance in the CL account then to be
deducted from EL. If there is no balance in the annual leave
account then an employee cannot apply for a short leave.
Highlights
➢ The policy will be effective from August 1, 2022, however, the new policy shall be available post the
launch of our cloud-based HRMS which is likely to be launched by end of August 2022.
➢ Renewal of leaves has been linked with the work anniversary of the employees.
➢ A special leave type has also been introduced i.e. LFA (Leave Fare Assistance). It will be mandatory
for an employee to apply for 12 leaves in one go and claim for 12 days’ gross salary.
➢ Annual leaves can be accumulated up to 42 only.
➢ Corporate policies are meant to be flexible to be able to cater to the needs of the business. Therefore,
any room for interpretation/explanation of this leave policy shall be the Corporate HR & CC division’s
responsibility as well as authority. Hence, in the event of any interpretation of this policy and
subsequent decisions shall be binding on all employees.
➢ Head of Corporate HR & CC shall be the sole authority to make interpretations and subsequent
decisions
No query shall be entertained before the launch of
HRMS (Human Resource Information System)
Thank
You