This involves not hiring new employees for a certain period.
A hiring freeze is when a company suddenly stops hiring new employees to fill company positions. A company might continue to hire new employees for roles deemed essential, but all non-essential roles will remain vacated until the hiring freeze has ended.
- Why do companies implement hiring freeze?
- Its Effects
Tag:11accounts, 11commerce, 11economics, 11thcommerce, 12accounts, 12commerce, 12economics, 12thCommerce, BComAccounts, BESTCOMMERCEANDACCOUNTANCYPLATFORM, CAFinalAccounts, CAfoundation, CAfoundationAccounts, CAfoundationEconomics, CAfoundationLaw, CAHARSHITA, CAInterAccounts, commerceachiever, commerceoptional, Economics, economicsclass12, Equity Theory, gLOSSARY OF hrm, GST, Hiring Freeze, Hiring Freeze effects, Hiring Freeze meaning, HR Glossary, Human Resource Accounting, incometax, mba hr, mba hr notes, MComAccounts, NCERT, ncertcommerce, reasons of Hiring Freeze, tax, UGCNETCommerceOptional, UPSC COMMERCE OPTIONAL BOOKS, UPSC Commerce Optional Material, UPSC COMMERCE OPTIONAL PDF, UPSC Commerce OPtional Previous Year Paper Solution, UPSC Commerce Optional Previous Year Papers, UPSCcommerceOptional, UPSCoptional, Why do companies implement hiring freeze?