Furlough vs. layoff: What’s the difference, and what do employers need to know?
Insperity
NOVEMBER 30, 2021
When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. Everyone has heard of these terms, but many people don’t know the difference between what it means to furlough an employee or lay them off. What is a layoff?
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