The coventrian
Well-Known Member
We've had a pay freeze for 3 years now so you cant be that far behind. Tbh I'll go another year without one if it helps the company through this crap.
We've had a pay freeze for 3 years now so you cant be that far behind. Tbh I'll go another year without one if it helps the company through this crap.Lol wish I could earn as little as that
Maybe maybe not. But the lads on the lines build at least 6 months in advance. The cars are all for customers. We've plenty of work unless everyone has cancelled there orders.
Without extensive testing how can they be sure it is slowing down? As I said, if you have the symptoms here you will be tested if you want to be.
The lockdown here has been far stricter than the one there.
If your mortgage is based on your salary it won’t help really. Also I don’t see how it works for a huge company unless it’s people on minimum wage. How would you decide who to put on it? Traditionally companies like these offer big redundancy packages to trim staff. The real issue is the level of spend on investment will be dwarfing salaries. JLR even in good times has awful cash flow and they won’t just be able to switch on again when this stops. Many manufacturing businesses big and small will be in the same boat - industry will just collapse
Yeah but then Grendel couldn’t talk about how amazingly rich he is.
If you've been on well over £50k surely you'll have plenty already? They based the grant on the median income so although industries that pay massive salaries for people to sit behind desks might not benefit as much it will still help large numbers elsewhere. Some money is still better than none and it is still less money for the company to pay out.
They'll be some redundancies for sure. Hopefully voluntary. I'm not sure how much halewood produce and you can forget castle brom. They build hardly anything. Solihull is what keeps the company in business.But theyve also got to consider the other plants as well and what their situation. Hopefully they'll come out the other side of this in a strong position but I think there's chllenging times ahead for the car industry in general.
Just asking I’m interested in your opinionYou live a bubble Pete. If this drags on for months you cant see any social unrest kicking in? People will only stand so much. After all,as contagious as this its only a fraction of the population that its affecting. What happens if food shortages kick in? You cant see people looting etc?
I have gone up £10k in two years but I still don't come close to taking home £2,500 a month
We've had a pay freeze for 3 years now so you cant be that far behind. Tbh I'll go another year without one if it helps the company through this crap.
They'll be some redundancies for sure. Hopefully voluntary. I'm not sure how much halewood produce and you can forget castle brom. They build hardly anything. Solihull is what keeps the company in business.
If they’re paying every single employee in the top 15% of wages nationally, I’m not surprised they keep going bust TBH. But they’re not, I turned down JLR after my Masters because they were offering around £10k/year less than similar employers.
After tax,na pension etc I dont either. Over the last 5 years we've had to pay 5% extra into our pension pot as the company are too tight to pay it. Add in the fact we've no annual pay rise for 3 years I'd say I'm down about £70- a week.I have gone up £10k in two years but I still don't come close to taking home £2,500 a month
If they’re paying every single employee in the top 15% of wages nationally, I’m not surprised they keep going bust TBH. But they’re not, I turned down JLR after my Masters because they were offering around £10k/year less than similar employers.
Of course they won’t have plenty - it’s not a huge salary and people will take loans and lifestyles suited to an income not half of it - also for workers it would breach union agreements
Without extensive testing how can they be sure it is slowing down? As I said, if you have the symptoms here you will be tested if you want to be.
The lockdown here has been far stricter than the one there.
There's a pandemic disease going on we have all got to think more flexibly
It makes no difference. The company either goes bust or it doesn’t
Yes it was for those on the lines. Parts shortages and meeting the end of year targets earlier was apparently the reason. Sales had dropped as well. As you probably know we dont build to stockpile in fields anymore. Sales will drop this year anyway on the range rover and sport as the new models come out next year.It could certainly mean drastic action - saving a few pounds in wages will help them harder at all - the government help just doesn’t cut it for companies like JLR - they will carry on profiting anyway - this shutdown was largely planned anyway other than an extra week wasn’t it?
About 38kI had a 28 year old analyst who care from retail and was on £40k plus bonuses a d 11% pension contributions - track workers must id guess be on £30k
If the company is already on its knees then it wouldn't have long to go anyway. But even companies in decent shape may still need the help. Find it odd that I'm defending a Tory measure and you're scrutinising it
So you know for sure JLR aren't going to apply for the grant?
Your missing the point. It’s not that it’s not in decent shape (it isn’t now but that’s not the issue) the costs of these businesses are eye watering - I mean real eye watering - and all car companies operate such a tight model a few weeks of no revenue has catastrophic impacts - they sell to retailers do retailers having closed starved all revenue. Even when it was making large profits this would flip it. You can’t shut these places for long - the government would have to directly support with a lot more than 80% of wages of an average - it just makes zero difference and will cost more than keeping production going. Remember exports don’t arrive to retailers for 8 to 10 weeks in key markets
You live a bubble Pete. If this drags on for months you cant see any social unrest kicking in? People will only stand so much. After all,as contagious as this its only a fraction of the population that its affecting. What happens if food shortages kick in? You cant see people looting etc?
I'm thinking more of the individuals G
Spoke to my mother yesterday - she's a bookkeeper for several companies and self employed people. She said the paperwork for claiming some of the govt help may not be available until June 1st and then (even if HMRC are at full capacity) going to take a while to process everything.
Well if it's a case of feeding the family or not people will do anything surely? I know I would.I find myself in the novel position of agreeing with Coventrian.
We have all the ingredients for some very nasty things happening. If people can't afford food with all the other money slushing around then they will (very understandably) think "what the fuck", I'd probably be the same myself.
Well if it's a case of feeding the family or not people will do anything surely? I know I would.
Good post and was about to post the BBC article myself as I've just read it. I just can't see why the Govt would turn down the chance to increase ventilator stock...it's non-sensical so there's got to be rational reasons for doing so (if true in the first place which I am sceptical about).
And another good thing that's come of all this is the resilience of firms to work together in times of need.
Well if it's a case of feeding the family or not people will do anything surely? I know I would.
The edges can be a bit sharp on a twenty. Maybe he should use 10p's instead.G wipes his bot bot with twenties. Pass it on.
If your mortgage is based on your salary it won’t help really. Also I don’t see how it works for a huge company unless it’s people on minimum wage. How would you decide who to put on it? Traditionally companies like these offer big redundancy packages to trim staff. The real issue is the level of spend on investment will be dwarfing salaries. JLR even in good times has awful cash flow and they won’t just be able to switch on again when this stops. Many manufacturing businesses big and small will be in the same boat - industry will just collapse
The new ones are useless like the old toilet paper very slippyThe edges can be a bit sharp on a twenty. Maybe he should use 10p's instead.
The twenty pence pieces? Are they?The new ones are useless like the old toilet paper very slippy
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