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StuartHopkin
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« Reply #735 on: March 24, 2020, 10:11:19 AM »

I've been offered furlough by my employer for 2-3 months until business resumes. I will get the 80% of wages that government is guaranteeing. Interestingly the employer doesn't have to top the rest up to your wages and I don't imagine many are!

I'm in hospitality industry and was 100% getting the tin-tack so snapcalled.



Do you mind me asking if they are paying you as normal or not until they receive the funds from HMRC?

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Longines
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« Reply #736 on: March 24, 2020, 10:16:52 AM »


Do you mind me asking if they are paying you as normal or not until they receive the funds from HMRC?


Wetherspoons' approach:


 Click to see full-size image.
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Longines
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« Reply #737 on: March 24, 2020, 11:59:02 AM »


Ed Davey is putting an urgent question to the Chancellor at 12:30 today regarding support for the self-employed.

https://twitter.com/HouseofCommons/status/1242412806105899009
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Ledders
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« Reply #738 on: March 24, 2020, 12:12:02 PM »

I've been offered furlough by my employer for 2-3 months until business resumes. I will get the 80% of wages that government is guaranteeing. Interestingly the employer doesn't have to top the rest up to your wages and I don't imagine many are!

I'm in hospitality industry and was 100% getting the tin-tack so snapcalled.



Do you mind me asking if they are paying you as normal or not until they receive the funds from HMRC?

Thanks

Bank meeting at 3pm for me.

Leggo!

Sure no problem.

Yes I am being paid as usual, my company is in a position to cover until they get the money back. I know a lot of small companies aren't able to, and others won't. Wetherspoons are acting fucking outrageously given their size as they are waiving commercial rents for the next quarter as a landlord!
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« Reply #739 on: March 24, 2020, 12:52:00 PM »


Do you mind me asking if they are paying you as normal or not until they receive the funds from HMRC?


Wetherspoons' approach:


 Click to see full-size image.


Shock!

Guy is an utter twat.
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arbboy
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« Reply #740 on: March 24, 2020, 01:07:22 PM »

Seems crazy for spoons to lose all this pr and their place in the top 100 employers list everyyear over what is effectvely a £1500 loan to 40000 workers interest free for 6 weeks before the government ships it straght back to their bank risk free?  am i missing something?
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EvilPie
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« Reply #741 on: March 24, 2020, 01:21:15 PM »

I've been offered furlough by my employer for 2-3 months until business resumes. I will get the 80% of wages that government is guaranteeing. Interestingly the employer doesn't have to top the rest up to your wages and I don't imagine many are!

I'm in hospitality industry and was 100% getting the tin-tack so snapcalled.



I don't imagine many can....

I employ 20 people of which 12 are permanently based on sites carrying out installation work. As of right now there are 3 remaining on site carrying out essential work and myself plus one other on the office supporting them.

The furlough payment is great for the employees but not so great for the employer. Lots of people are crying for the self-employed (myself included) but Company owners are in the same position but on a larger scale.

My Company isn't huge but our weekly outgoings are around £3k per week if we are totally closed and everyone is furloughed.

Our payroll is in the region of £10k per week but let's drop that to £8k as we're all furloughed.

That's £11k going out per week of which £3k is pure loss and £8k can be claimed back at an undefined time possibly end of April.

Drag this out to the end of April and that's £55k I have to find before I get anything back

We're in the fortunate position that we have reasonably strong cash reserves but many won't be. Even as a strong Company I have my concerns if this goes on for long and we have zero income so others will be having an absolutely terrible time.

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Chompy
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« Reply #742 on: March 24, 2020, 01:40:33 PM »

https://twitter.com/i/status/1242364536365211648
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Marky147
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« Reply #743 on: March 24, 2020, 01:45:14 PM »


Dopey old mare.
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arbboy
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« Reply #744 on: March 24, 2020, 01:53:30 PM »

I've been offered furlough by my employer for 2-3 months until business resumes. I will get the 80% of wages that government is guaranteeing. Interestingly the employer doesn't have to top the rest up to your wages and I don't imagine many are!

I'm in hospitality industry and was 100% getting the tin-tack so snapcalled.



I don't imagine many can....

I employ 20 people of which 12 are permanently based on sites carrying out installation work. As of right now there are 3 remaining on site carrying out essential work and myself plus one other on the office supporting them.

The furlough payment is great for the employees but not so great for the employer. Lots of people are crying for the self-employed (myself included) but Company owners are in the same position but on a larger scale.

My Company isn't huge but our weekly outgoings are around £3k per week if we are totally closed and everyone is furloughed.

Our payroll is in the region of £10k per week but let's drop that to £8k as we're all furloughed.

That's £11k going out per week of which £3k is pure loss and £8k can be claimed back at an undefined time possibly end of April.

Drag this out to the end of April and that's £55k I have to find before I get anything back

We're in the fortunate position that we have reasonably strong cash reserves but many won't be. Even as a strong Company I have my concerns if this goes on for long and we have zero income so others will be having an absolutely terrible time.



I hear your point with smaller businesses but long term market leaders like spoons in huge volume low margin businesses are going to have it riight off long term out of this virus.  They got the cash flow and banking facilities to get whatever cash they need to pay their staff then claim it back.   Once its all over they will be mopping up customers from all over tthe place from other pubs which went skint and/or buying these locations up themselves.  I just don't get the short sightedness of spoons here for what is effectviely a 6 week risk free advancement of wages.   There is 0% chance of them not getting t back froom boris so any lender will happily lend them the money even if they didn't have it on hand to pay their staff.   Never mind the huge cost of them recruitting new staff after thousands have left.  Maybe Tim Martin is a lot more dumb than i ever thought.
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the sicilian
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« Reply #745 on: March 24, 2020, 02:07:38 PM »

has the gov set up the furloughed workers scheme cant find the application anywhere
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« Reply #746 on: March 24, 2020, 02:32:57 PM »

I've been offered furlough by my employer for 2-3 months until business resumes. I will get the 80% of wages that government is guaranteeing. Interestingly the employer doesn't have to top the rest up to your wages and I don't imagine many are!

I'm in hospitality industry and was 100% getting the tin-tack so snapcalled.



I don't imagine many can....

I employ 20 people of which 12 are permanently based on sites carrying out installation work. As of right now there are 3 remaining on site carrying out essential work and myself plus one other on the office supporting them.

The furlough payment is great for the employees but not so great for the employer. Lots of people are crying for the self-employed (myself included) but Company owners are in the same position but on a larger scale.

My Company isn't huge but our weekly outgoings are around £3k per week if we are totally closed and everyone is furloughed.

Our payroll is in the region of £10k per week but let's drop that to £8k as we're all furloughed.

That's £11k going out per week of which £3k is pure loss and £8k can be claimed back at an undefined time possibly end of April.

Drag this out to the end of April and that's £55k I have to find before I get anything back

We're in the fortunate position that we have reasonably strong cash reserves but many won't be. Even as a strong Company I have my concerns if this goes on for long and we have zero income so others will be having an absolutely terrible time.



I hear your point with smaller businesses but long term market leaders like spoons in huge volume low margin businesses are going to have it riight off long term out of this virus.  They got the cash flow and banking facilities to get whatever cash they need to pay their staff then claim it back.   Once its all over they will be mopping up customers from all over tthe place from other pubs which went skint and/or buying these locations up themselves.  I just don't get the short sightedness of spoons here for what is effectviely a 6 week risk free advancement of wages.   There is 0% chance of them not getting t back froom boris so any lender will happily lend them the money even if they didn't have it on hand to pay their staff.   Never mind the huge cost of them recruitting new staff after thousands have left.  Maybe Tim Martin is a lot more dumb than i ever thought.

Be fair, ‘spoons only made £102,500,000 last year.
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hhyftrftdr
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« Reply #747 on: March 24, 2020, 03:46:50 PM »

No matter who we support, what our political allegiances are, how we like our bread buttered etc

I'm sure we can all agree that Tim Martin is an utter cockwomble and a shitstain on society.
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RickBFA
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« Reply #748 on: March 24, 2020, 04:50:27 PM »

Tim Martin is being a short sighted fool.

We have four admin staff, one being furloughed but we'll top up to give her 100% of salary.

Only the decent thing to do if you have the financially ability to pay it.
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dakky
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« Reply #749 on: March 24, 2020, 06:00:23 PM »


    finally some good news for the self employed, which is a relief

80% of net  monthly earnings to be paid , taken as an average from last 3 years

or £2947 whichever is lower




Is this confirmed?

Any links as would like to share if true.

No. This was an amendment to the bill that passed but it didn't get voted on.
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