What is accrued time off?

Accrued time off refers to the paid leave that employees earn over time, typically based on the number of hours worked or length of service. This includes vacation days, personal days, and sometimes sick leave, which employees can use when needed. The accumulation of this time off is often outlined in the company's leave policy and can vary by organization. Unused accrued time may be carried over to subsequent periods or paid out upon termination, depending on company policy.