Wednesday, February 1, 2012

"Furlough"


I have learn a new wording this week - "Furlough" ... so what does it mean in HR term?

"Furlough"... a temporary layoff, involuntary leave or other modification of normal working hours without pay for a specified duration. Furloughs are used in the military for soldiers whose new assignments have not yet been determined. For businesses, furloughs are used for a variety of reasons, like plant shut-downs, or in cases where a broad reorganization makes it unclear which employees will be retained.

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