Did you know that workers whose 80% of salary is paid by the Government are not allowed to work for their firm during that time?
They must be "forloughed" i.e. still employed by their firm, but not working for it.
I'm not at all sure that was made clear.
gov.uk/government/pub…
They must be "forloughed" i.e. still employed by their firm, but not working for it.
I'm not at all sure that was made clear.
gov.uk/government/pub…
So it's fine if their firm needs to "park" them for a few months but wants to retain them (the measure helps both parties).
But if a firm needs all 10 employees to operate its machinery (for example) it can't use the scheme to cover 80% of the wages of some/all of them.
But if a firm needs all 10 employees to operate its machinery (for example) it can't use the scheme to cover 80% of the wages of some/all of them.
On the one hand...
If it's open to all, some/many firms will abuse it to save on their wage bills.
On the other hand...
If a firm has seen a 75% drop in revenue because of the coronavirus, it's very possible it can't keep trading with 25% of staff.
So there's a big gap.
If it's open to all, some/many firms will abuse it to save on their wage bills.
On the other hand...
If a firm has seen a 75% drop in revenue because of the coronavirus, it's very possible it can't keep trading with 25% of staff.
So there's a big gap.
