Furlough vs Layoff: What Every Employer Needs to Know

Furlough vs Layoff: What Every Employer Needs to Know

Furlough and layoff are buzzwords and are of the most loathed terms in the world of work. Nevertheless, if the day comes when an organisation needs to reduce its payroll due to financial hardship, they are options that employers must deeply consider to keep the business stable. But what do the terms mean? Most people …

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