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

Anti-nepotism Policy

What is Anti-nepotism Policy ?    The ‘Anti-nepotism Policy’ is the set of rules that ensure that employees can’t work with, or have any influence

System of Record

What is System of Record?   A ‘System of Record’ is an information storage system in which a particular database is considered as the original

Strategic HRM

What is Strategic HRM ? ‘Strategic HRM’ refers to the kind of HR management that takes into consideration the goals and aspirations of the company

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