When the government first announced the furlough scheme I (perhaps naively) anticipated it being used primarily for people who were prevented from doing their jobs because of the outbreak - e.g. hospitality, leisure etc. From what the government said I thought that was what they had in mind, too.
Fast forward a few weeks and all manner of companies seem to be using it to reduce their overheads at this point. My employer (medium sized professional services company - fully equipped to work from home) announced on Friday that they're currently identifying roles for furlough because of anticipated reduced client income in a particular area of the business.
Is that really what it is for? In the case of my company it's brought home that either we're taking advantage of the scheme to take some of the sting of our clients not sending so much work (which seems a bit wrong - if all companies do that we're going to pay for this for who knows how long), or the company is much less robust than I thought we actually need the scheme to prevent job losses - which is crazy given that some parts of our business are really not so affected?
After deductions it looks like furlough would come out at 1k something per month which will make finances quite tight. Lovely food for thought over a weekend. Anyone else feeling similar?
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Covid
Anyone surprised/disappointed at employers using furlough?
41 replies
victorioussponges · 05/04/2020 11:00
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