Sack, furlough or reskill? India Inc’s talent dilemma

Among HR circles, furloughing is increasingly being proposed as the alternative, ‘softer’ approach. The idea is simple. Companies will work out the seasonality of demand for workload, and by corollary, the number of employees that need to be actively engaged at various points in a given year. Accordingly, it prepares a roster, for a chunk of the employees, who are then sent on furlough, in this case – leave without pay, for a period of weeks, if not months, to cover the lean period for the company.

from Jobs-Economic Times https://ift.tt/3bCd8VU