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

Host-country Nationals (HCNs)

What is Host-country Nationals (HCNs)?    ‘Host-country Nationals’ are those employees who are citizens of the country where the company’s branch is located, which is

Bonus

What is Bonus ?    ‘Bonus’ is a financial stimulus provided to employees over their normal payroll. A bonus is different from a ‘benefit’ in

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