Concept
A Medical Leave Bank (MLB) is a collective pool of leave days donated by employees for use by colleagues experiencing a serious medical condition or a family medical emergency. This concept aims to provide a safety net for employees who have exhausted their paid leave options due to prolonged illnesses or medical crises. By enabling employees to support each other in times of need, an MLB fosters a culture of compassion, solidarity, and mutual aid within the workplace.
Need for a Medical Leave Bank Scheme
1. Extended Support for Serious Illnesses : Employees battling severe health issues often require more leave than their allotted paid time off. An MLB ensures they have additional leave to focus on recovery without financial stress.
2. Enhanced Employee Morale : Knowing that colleagues care and that there’s a safety net in times of health crises boosts morale and loyalty. It creates a supportive and empathetic workplace environment.
3. Retention of Talent...
