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"What Is a Hiring Freeze? Definition and Overview"

This article will discuss what a hiring freeze is, why it happens and the advantages and disadvantages of one. It will also give tips for both employers and employees when faced with a hiring freeze.

A hiring freeze means the head of the company, top management, the Board of
Governors or the manager has halted appointing any new employers or positions to the
company.
The reason for a hiring freeze is primarily financial. For example, if a company has exceeded its quarterly or annual budget on spending, or it is making minimal profit or even
a loss.

A hiring freeze may also happen to maintain employee morale if the employer has had to
restructure the company and lay off staff in the process; therefore, they may instill a hiring
freeze for a period of time as respect to current employees.

This commonly means not filling any empty positions or hiring anyone for non-essential
roles.
 

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