Furlough

What is Furlough ?

‘Furlough’ is a kind of employment period where the employee is forced to take paid leave by the employer. Furloughs are more common in the public sectors usually.

It can be a way for the company to let the employee stay in the organization during an economic crisis. It can also be a way for the employers to avoid terminating the employees during a slow work period.

They can be an alternative to layoffs and it might be either short-term or long-term. The furlough might be limited to a specific duration or it can last throughout the year in varying degrees. During this period, the employee is also free to seek employment elsewhere.

More HR Terms

Medical savings account (MSA)

What is Medical savings account (MSA)? ‘Medical Savings Account’ or ‘MSA’ is a kind of savings account in the US, which enables the staff who

Functional Job Analysis

What is Functional Job Analysis ?    ‘Functional Job Analysis’ refers to the qualitative analysis of job designations and gathering data based on the employee’s

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