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Furlough refers to a temporary leave of absence from work, often imposed by employers during times of financial strain or operational slowdown. Unlike a permanent layoff, a furlough is meant to be temporary, allowing employees to retain their positions within the company, though they typically do not receive their regular pay during this period. It can occur across various sectors, including private businesses, government agencies, and the military.
When someone is placed on furlough, they are expected to return to work once the situation improves or the need for cost-cutting ends. For example, during economic recessions or crises, companies might furlough employees to reduce costs while avoiding permanent layoffs. In the military, furlough can also refer to a temporary leave granted to service members. The key aspect of a furlough is its temporary nature, offering a way to manage financial challenges without severing the employment relationship completely.
Deep
Rootmemory.com was founded by Deep Rana, who is a mechanical engineer by profession and a blogger by passion. He has a good conceptual knowledge on different educational topics and he provides the same on this website. He loves to learn something new everyday and believes that the best utilization of free time is developing a new skill.