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

Time-and-a-half

What is Time-and-a-half ? ‘Time-and-a-half’ refers to the system of paying the employees one and a half times their normal pay (150%) for any overtime

Platform Economy

What is Platform Economy?   ‘Platform Economy’ refers to the tendency of commercial solutions to move towards digital platforms to conduct their business. Here, the

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