Share Share Share Annual leave refers to the paid time off granted to employees each year for rest and recreation. The amount of annual leave offered varies by country and employer, but it is typically a fundamental employee right that is mandated by labor law. Related Articles: Absence ManagementEmployee Absence Management: Best Practices for a Resilient WorkforcePaid Vacation – Why is the United States trailing behind the rest of the world?Not for ProfitHospitalsHealthcareGlossary: Annual Leave BalanceConstruction