Terms Beginning With 'h'

Hiring Freeze

  • January 29, 2020
  • Team Kalkine

A hiring freeze happens when the employer stops hiring non-essentials for a certain period mainly to lower expenses and save money at a time of financial difficulty, such as a period of recession or during business restructuring. They may either be short-term or long-term. Employers may assess current employees and reshuffle internal departments for paramount productivity, during a hiring freeze.

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