Jobs already going

[PoorUnfortunateMoles]

Private dentist I used to work at is already making redundancies after having no income for months and there being no end in sight.
Anyone else feel like this might be worse than the recession for job loss?

I work in HR so know a fair bit about redundancy and Chrissie is talking out of her arse IMO.

If a business isn't making money it doesn't matter how good the staff are, they cant afford them! Sure where there is scope to reduce they'll keep the better ones on but they're are other factors such as how expensive it will be to pay then redundancy. Yes, officially they aren't supposed to use this as a criterion but there are ways of covering it up.

I think the idea of lights being switched on, aka the V shaped recession, is pretty much acknowledged by economists as over optimistic in the extreme.

Oh yes we love HR 🤣
I’ve no issue with you not keeping the good ones @CloudsCanLookLikeSheep I’ll place them
In a business that can pay them 🤷‍♀️

@CloudsCanLookLikeSheep exactly. In the example I was talking about, the dentist expanded and refitted two new surgeries this year. They could have never predicted that they would take no money between Feb and possibly July. Then when they go back they're going to have to really limit how many people are in at once and how they treat patients. My friends could be the most shit hot dental nurse in the world, it's not going to stop the business going under.

@PoorUnfortunateMoles if she’s shit hot, other practices will already know about her, she’ll get another job quickly.

However the dentist will not go under, they have a cash flow issue and they should be prepared for that and they shouldn’t be letting go of staff because other nurses will hear they shot their load in less than 4 months and the good ones will be reluctant to work for them.

@ChrissieKeller61 so where are you going to be placing the cabin crew who have no planes to work on, the restaurant managers with no restaurants, etc?

I’m not, not my area of expertise. However as always, there will be a solution. Either their jobs will come back or their skills will be transferable. One restaurant manager I know personally is already managing a Sainsburys.

If you stop, step back and take a breathe it’ll be fine. All this running around shouting the sky is falling in is not helpful. We need confidence in the economy or it’ll grind to a halt.

While I agree with you that doom mongering isn’t helpful - I don’t think your approach is much better tbh.
The dentist example is a perfect one - it doesn’t matter how many patients they may have waiting - they will probably have to limit how many people can come into surgery at once. There are only so many appointments and therefore only so much cash that can come in. Additionally I imagine there may be guidelines around specific treatments - so the cosmetic side (the one that makes all the money) is likely to suffer.

@Grumpylockeddownwoman you're right. Plus lots of people cancelling their Denplan as there's no possibility of having a check up or hygiene appointment at the moment.
@ChrissieKeller61 who are these other dental practices that will snap her up though? All are in the same boat!

It takes a special kind of person to be a recruitment consultant. Narcissism is the only qualification needed.

@Grumpylockeddownwoman I’m good friends with a number of successful dentists,
Who are successful because they are good business people. Whilst they’ve not been doing treatments they’ve been selling toothpaste on instagram, they have property providing passive income. Their staff are at home on full pay and nobody is worried.

I work ridiculous hours, Id love an administrator and a couple of mini me’s but nobody will join my business until I have 18 months salary ring fenced for them. It’s not fair.

The tides gone out and we’re going to see who’s been swimming naked but that’s natural selection

@ChrissieKeller61 what? How can months of crown preps, bridges, ortho work, implant revenue be made up by selling a few tubes of toothpaste?

Perhaps you like to put your questions to them .... I suspect he’ll charge you quite a lot of money to share the information with you though.

I do think that, generally, businesses deciding to make redundancies already, despite the help from the Govt, must be those that aren't financially viable anyway. Surely a successful business should be able to manage for a few months with the Govt support that is available?

Debenhams and Laura Ashley were in trouble previously so their demise is not due to covid.

Obviously airlines profitability is affected in a major way and future demand is highly likely to fall so many may lose their jobs. Lots of small businesses, if they can ride this period out, will just dust themselves down and get back to normal.

We will recover. Recession is often connected with consumer confidence and we need to be confident and spend money and help the economy as soon as we are able to.

I dont think the recovery is going to be half as easy as some people are saying it is. Some things have changed for good.

@ChrissieKeller61 I run a business too - and it’s not normal to ringfence the salary before taking someone on - you’re supposed to work out what value they are going to add in terms of time or income.

No one puts this shit in their continuity plan - generally business disruption insurance covers a disaster, but not this. Also while a recession is harsh - again it’s not “everything across the entire world closes”.

Yes some businesses can pivot - but it’s laughable that you are comparing selling toothpaste to undertaking dental work - oh and that passive property income doesn’t really help when your tenants aren’t paying their rent (and has fuck all to do with the jobs market).

@Grumpylockeddownwoman - so basically your taking a gamble with someone’s livelihood? And I’m the narcissist, hilarious

@NotEverythingIsBlackandWhite dh works for a very large law firm - they are already making redundancies (he’s in the shit position of having to work out the restructuring). Yes could this have happened anyway - maybe?

The thing is overheads aren’t just about salary - there’s rent, software licensing, insurance, various rates and taxes to consider - so no the gov help is a drop in the ocean if you aren’t getting the money in and it’s likely to hit larger companies worse.

@ChrissieKeller61 interesting - how is it you tend to pay recruitment consultants? Is it on commission?? So you’d expect them to take a gamble on their salary instead?

@AlfieandAnnieRose

There are dental hubs but you have to meet strict criteria to be accepted. My DS broke a tooth and although our dentist has been fab 'treating' him over the phone, arranging antibiotics and advising him on pain relief, she was very shocked to find that when she tried to refer him to a hub they wouldn't take him. Apparently you have to be on the floor in agony to be accepted!

@Grumpylockeddownwoman actually no I’m completely apposed to that model. They’ll get good basic salaries and car allowances and no commission. And until I can afford that for 12 months minimum I’ll do all the work myself. I’m very risk averse, but I’ve seen the damage the alternatives can do to the industry.

Plenty of jobs going in supermarkets. Might be time for people to not look down on shop workers and get a job there themselves. At least its money and supermarket work is actually ok

I was made redundant 4 weeks ago, small company, not enough money to make furlough payments whilst waiting for the scheme to be put in place, just over the business rate relief and bank wouldn’t lend anymore, company in liquidation
I don’t think we’ll be the only ones, lots of small businesses are hanging on by a thread and will never reopen
Furlough is just delaying the inevitable
I have no qualifications or special skills the same as my colleagues, 2 out of the 18 of us have found work, I was one of the lucky 2

@ChrissieKeller61 that’s nice to hear. Thankfully I’m in an industry who has done ok during lockdown - but honestly if I had zero coming in for 4 months (and a seriously reduced on afterwards) I’d struggle - and that is that same whether you are small or large.

Supermarkets are laying off all the temporary workers they had, so unless you want care work there’s nothing around here to apply for

There are permanent positions going in supermarket. Specially one I work for