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A period of extended leave granted to employees to pursue personal and professional development activities. The employee's position remains available for them to resume upon the end of the leave. Typically, the duration is at least a month to as long as a year or more.
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Signals and consequences of voluntary part-time?
My employer recently laid off staff due to economic conditions; on the order of 10%, I think. I made the cut and we -- the survivors -- have been promised that there won't be another round of lay offs …