Furlough is defined as an unpaid leave of absence granted to an employee for a fixed term. It might also mean reduced work hours resulting in a salary cut.
Furlough is defined as an unpaid leave of absence granted to an employee for a fixed term. It might also mean reduced work hours resulting in a salary cut.
Furlough vs. Layoff: Let’s discuss their differences, similarities, pros & cons, define which is better for employees and employers, and finally, answer some frequently asked questions (FAQ)