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.