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

Commission

What is Commission?   ‘Commission’ has different meanings based on the context. However, concerning sales and HR, ‘Commission’ is defined as a variable pay given

HR Service Delivery

What is HR Service Delivery?   ‘HR service delivery’ is a process in a company used to provide services to the employees. It is the

Broker

What is Broker ? A ‘Broker’ is a person or an organization that facilitates business between two parties by acting as a mediator while charging

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