Business advice

DavidL

Member
Messages
214
The annual leave thing is a real pita. Yes they accrue it during furlough and whilst you can ask them to take leave whilst off, usual rules of double the length of required holiday as notice, you can't claim the 80% for these days as they are "working".
This also questions whether furlough is broken at this point, although I think this has been answered and on the whole it is thought that it doesn't but it isn't gospel.
They can carry unused annual leave forward for 2years now which will help but you don't want to be losing staff as soon as you restart.
 

Zep

Moderator
Messages
9,110
One thing I have learned this eve.

I was talking to a former colleague who had taken on a new engineer in March. They wanted to furlough them due to a downturn in work, but couldn’t.

I understand that any new employees can be furloughed by their previous employers providing they were working for them on the 28th of Feb.
 

Scaf

Member
Messages
6,512
One thing I have learned this eve.

I was talking to a former colleague who had taken on a new engineer in March. They wanted to furlough them due to a downturn in work, but couldn’t.

I understand that any new employees can be furloughed by their previous employers providing they were working for them on the 28th of Feb.

Zep this is correct and it's the same if someone had been redundant, they have to backtrack i their former employer to get furloughed.

We have taken back 6 people on this basis.
 

MarkMas

Chief pedant
Messages
8,796
I hate the word 'furlough' - reminds me of Sgt. Bilko which reminds me of the Tory Gov....

I agree; I hate the word 'furlough', too; there are too many ways to pronounce it:
  • furloo as in through
  • furlow as in though
  • furlor as is thought
  • furluff as in tough
  • furlaow as in plough
  • furluh as in thorough
  • furloff as in hiccough
  • furloch as in lough
 

Wattie

Member
Messages
8,640
[
MMT eh.

Interesting isn't it, because the OMT (old monetary theory) was perfectly good as long as countries, corporations and individuals lived within their means. Unfortunately, under the encouragement from bankers and politicians who thought it prudent to issue debt on a massive scale (pays the bonuses and gets you elected doesn't it) we're now fecked.

The solution, MMT simply says lets add more and more debt to that (together, collectively, globally) and we'll all be fine.

WMT (Watties monetary theory) says this is total bo11ocks. Those in charge are clearly making this up as they go along....this is just another lets shift the blame, lets move the goalposts and try this -it might work ( load of sh1t).

Under Mmt, forget telling kids to be prudent with money. No point, it'll be worthless as those responsible for ensuring inflation remains in check will have fecked it again.

Just, like they did the last 10 years for example, which has just gone boom.

Tomorrow’s solution should not in any shape or form involve those responsible for today’s debacle.
We’re All screwed. This is madness!


How come Australia suddenly has billions of dollars to pay for welfare?
With the pandemic, governments around the world have been spending huge amounts to support citizens forced to stay at home and to prop up economies that threaten to collapse. The Australian Government's coronavirus stimulus package totals about $200 billion so far, or about a third of total government debt before the pandemic. This may sound dry, but it has huge implications. If you're in your twenties, paying off the national debt incurred through COVID welfare could define a large part of your

Read in ABC News: https://apple.news/AaqJ8awtLRymgThNFrGSTUw
 

alfatwo

Member
Messages
5,517
If your in your 20's you've got years to contribute to the national debt..
Just like I did and most of my generation too!

Dave