A “Leave of Absence” (LOA) is a period during which an employee is permitted to be away from their job while maintaining their employment status. This time off can be granted for various reasons, including personal health issues, family emergencies, or other significant life events. An LOA can be paid or unpaid, depending on the company’s policies and the reason for the leave. The purpose of an LOA is to provide employees with the flexibility to manage personal circumstances without jeopardizing their job security.
For example, an employee undergoing surgery might request a medical leave of absence to recover. During this time, they can focus on their health without worrying about their job, knowing that their position will be held for them until they return.
Related Terms:
FMLA (Family and Medical Leave Act)