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. When employers plan to permanently reduce headcount at the time of termination (e.g., PTO payout. would you prefer to pay out PTO now or take on a future liability?)
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