HomeGlossary
HackerEarth Glossary

Furlough Leave Meaning

Furlough Leave Definition:

Furlough leave refers to a temporary leave of absence from work, often without pay, mandated by the employer. Furloughs are usually implemented to reduce costs during economic downturns or financial crises while retaining employees for future needs.

Best Practices for Managing Furlough Leave

Clear Communication: Communicate the reasons and details of the furlough clearly to affected employees.Support: Provide support resources such as unemployment benefits information.Plan for Return: Develop a plan for employees to return to work once the furlough period ends.

How Furlough Leave Works

Decision: Employer decides to implement furlough leave due to financial constraints.Notification: Employees are notified about the furlough and provided with details.Return: Employees return to work once the financial situation improves or the furlough period ends.

Key Features of Furlough Leave

Temporary: A temporary measure, not a permanent layoff.Cost-Saving: Helps reduce labor costs without permanently losing employees.Unpaid: Often involves unpaid leave, though some benefits may continue.

FAQs

Are employees entitled to benefits during furlough leave?

This depends on the company's policies and local regulations; some benefits may continue during furlough leave.

Can employees work elsewhere during furlough leave?

This depends on the terms set by the employer and any contractual agreements in place.

Follow us on
Top Resources

Explore HackerEarth’s Top Resources, All in One Place

Explore essential resources designed to streamline your recruitment process, enhance decision-making, and stay ahead in tech hiring.
Frame
How to hire
Essential reading for tech recruiters: tips and trends.
Arrow
Frame 2
Webinars
Elevate your hiring game with our expert-led webinars
Arrow
Frame 3
Blogs
Streamline your hiring process with OUR Hiring guides
Arrow
Frame 4
Resources
Access essential resources to enhance your tech recruitment
Arrow