posted on 06-06-2019
Updated October 1, 2019
What is a Hiring Freeze?
A hiring freeze is a temporary cessation in hiring new employees.
How Does a Hiring Freeze Work?
Why Does a Hiring Freeze Matter?
Hiring freezes are methods of conservingand are almost always a reflection of financial within a company. They can strain morale, however, because employees may have been counting on hiring new employees to relieve backlogs, overloads or skills shortages.