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.
The individuals I can’t comment on but probably would want to remain employed. Without revenue for a few months and they’ll be gone as will all suppliers to the company
The big problem there is that a lot of work there is paid in cash and is ‘lavoro nero’ so they can’t claim money from the state.
From what you write about salaries at JLR its no wonder they are losing money!What choice do they have. There wouldn’t be any members of office staff who earn as little as £2,500 a month
From what you write about salaries at JLR its no wonder they are losing money!
Its not just JLR, seems about standard for a company like that.
We are so top heavy with management and so called engineers its unreal. It's a gravy train for some even after the cuts of the last couple of years.
Engineers that couldn't mend a puncture on a bicycle. Everyone seems to have engineer written on there backs at our place. Honestly it's a joke. We fix the damn things and do they listen to us on advice? Do they fuck.
Same here. Black economy estimated at around 15% of GDP (although this is a big reduction after govt crackdown). But figure much higher amongst self employed.The big problem there is that a lot of work is paid in cash and is ‘lavoro nero’ so they can’t claim money from the state.
No foodbanks here either.
'up to 6 months' though, could result in hoarding and panic buying.I think the 'up to 6 months' is the governments way of pressuring people to stick to the rules and stay in... can see restrictions slowly being lifted after 3 but if they said that people would become more relaxed and less serious about the situation
'up to 6 months' though, could result in hoarding and panic buying.
Dont get me wrong,I'd say we have some of the best engineers in the world but se havent half got some hangers on. Jobs for the boys etc. Clipboard is king lol.You should tell them that, I know one at the Solihull site
Really wish I'd graduated a few years after 2013
Just curious but the recession of a few years ago how long did it last?
Well I'm not going to express opinions on the rights and wrongs, but its a fact and does illustrate the massive problems coming down the track.
If you're a decent young mid-manager at a large company then I'd say you're looking at something in the region of £50k basic, pension & benefits of some kind. As an estimate.
On that level of income you might have a mortgage of £500 to £1,000, you might have a couple of young kids, car loan and so on, and you can still leave reasonably enough, you have your career ahead of you. This stuff means that immediately you cannot pay your mortgage, you might not be able to pay for the car, its instant financial meltdown and in the space of a fortnight you've gone from stability to being at the mercy of the banks and with the prospect of no job because your employer caves in under the weight of having no income but a stupidly high cost base. And in the post-coronavirus shake up & levelling off that level of salary will not be easy to come by. There is no grey area, you are utterly fucked. There is a purely 'Capitalist Darwinian' view that some will take, that this will flush out the strong companies from the weak (and you already see markets moving wildly between industry sectors), but from a human point of view its not their fault they were put on packages like that, and now they're going to spend maybe a decade or more getting back on their feet.
I'm not expressing sympathy for them any more than anyone else, but this is going to be horrendous- anyone 'highly geared' is going to have one hell of a problem very soon if they work for a company that doesn't have cash reserves and/or relies on razor sharp timings on cashflows.
I'm thinking more if they're given the choice between £0 and £2,500
We are talking about the general public here though. You just know that some will now panic even further.There isn't a shortage of food though, particularly fresh stuff. Fruit and veg remains abundant in the shop
If the result of all this is that employers are less scared of people working from home we could do a hell of a lot towards hitting our environmental targets.
Bloody glad I’ve never been unemployed,A week at home is more stressful and boring.
Been for plenty of exercise though!!
We are talking about the general public here though. You just know that some will now panic even further.
It isn't their fault they have been offered packages they probably shouldn't have been. I just feel a bit salty that I will do well to ever get to £50k despite the experience and qualifications that I worked hard for whereas sitting behind a desk doing bugger all can get people that type of pay packet. I know I sound childish saying 'it's not fair' but well, it isn't!
I accepted furlough in the end as if I didn’t going down the employment law route could have taken years with courts closed.Did you get anywhere with the issue you were having at work?
I accepted furlough in the end as if I didn’t going down the employment law route could have taken years with courts closed.
My owner said it wasn’t his idea to shut but the governments,He is paying the extra 20% as a thank you.
Cummings self isolating now.
Extensive testing isn’t really evidence of a slow down. We are doing 10,000 a day I think now but the test is only a blip in time. It also apparently is not always accurate and cannot pick up all those with the infection
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