General > General Technical Chat
Just lost my job thanks to COVID-19, who else ?
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Wilksey:
Turns out in my place some are being furloughed, some are being made redundant and the rest are taking between a 10% and 30% pay cut (people in the higher salaries are 30%), and they have in no uncertain terms stated no annual pay-rise this year.

As far as I know consultations are already taking place for redundancies and everyone has been told by Friday gone who they were, those who have been furloughed have already been notified - i've heard nothing so I'm guessing i'm one of the "lucky" ones with a pay cut and working from home (i'm in the lowest pay cut percentage for those wondering  :-DD, no chance of that payrise now!)

So, is it fair in that case to do 10% less work?  :-// :-//
Zero999:
I've been furloughed since 27th March. Fortunately I'm on full pay, as the company has topped up the shortfall from the government subsidy, but I'll lose 4 days annual leave, which I'm not bothered about. I've not been into work since the 18th March, as I was coughing quite a lot on that day and was told not to come in for at least 7 days, then the manager told me not to go in, until further notice.

The company will reopen in a couple of weeks time and I'll be back on the 21st. The manager emailed everyone telling them they're making changes to the working environment and procedures to enable us to stick to the 2m social distance and provide everyone with gloves and hand sanitiser.

I'll probably have more money this month, than normal, simply because I'm not socialising so will save more. I think I'll donate most of the money I've not spent to charity, although I can't be too generous, in case I lose my job.
james_s:
We recently had a company wide 10% pay cut which they have assured us is temporary depending of course on the length of the downturn in the money coming in. I can easily absorb that cut even without the fact that by working fulltime from home I'm not spending anything on transportation and not eating out for lunch. There was also a handful of layoffs, from what I saw it was a mix of low performers who were already on the potential chopping block and some good people who were unfortunate to be on teams that were hard hit by the current conditions. I've been impressed so far with the candor of the CEO and other execs, unlike other places I've worked I get the impression that they're being as open as they can and making a good effort to do what they can, having talked to our customers and analyzed everything they can, preparing for the current worst-case predictions. Unfortunately I suspect things will actually be far worse than the worst case predictions we currently have but I'd be very happy to be utterly wrong. Apparently they are continuing to provide the medical insurance for those who were let go for a couple of months which is more than most companies do.

I still hold out hope that this pandemic will finally be the catalyst needed to fix our horribly broken and incredibly inefficient health insurance industry which is exactly that, an industry focused not on providing care but in earning a profit. While deficient in the best of times, a global pandemic really puts the glaring faults in the spotlight, millions of people losing their healthcare in the middle of a pandemic is a colossal and inexcusable failure that harms us all and costs incalculable amounts of money and lives.
nctnico:

--- Quote from: Zero999 on April 04, 2020, 09:54:24 pm ---I'll probably have more money this month, than normal, simply because I'm not socialising so will save more. I think I'll donate most of the money I've not spent to charity, although I can't be too generous, in case I lose my job.

--- End quote ---
I strongly suggest to hold on to your money. If you want to help then donate your time by volunteering somewhere.
james_s:

--- Quote from: nctnico on April 04, 2020, 10:10:08 pm ---I strongly suggest to hold on to your money. If you want to help then donate your time by volunteering somewhere.

--- End quote ---


That's my inclination too, however I'm annoyed by the fact that people holding onto their money out of fear of an economic crash creates a self-fulfilling prophecy because the economy WILL crash if everyone does that. If everyone continued with life as normal as possible under the circumstances we could adapt and keep spending money to keep the economy going despite having to alter our behavior but it's in any individual's own best interest to not do so.
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