You are, just not as much! You get guarantee pay. Plus you can elect redundancy 4 weeks into lay off, you can’t on furlough
Lay off is a technical term in employment law It gets mixed up with redundancy and they’re two diff things
Today is my first day on furlough, yesterday was the last day of my sick note. I assume I'll get paid as normal 80% of my normal salary.
I work in the auto repair business here in US of A, I get a base pay plus commission of any repairs done, I was told that I would get my base pay plus 80% of what I earned in February and March, I will receive these payments in April and May. I am still working full time, I would have thought if I am getting 80%, surely I should only work 80% of my hours, meaning 1 day off per week!!!!
If I were you I'd spend some of that money buying yourself a wireless to keep in touch with current affairs
My husband has just escaped it for now. His company has furloughed everyone except 3 people, of which he is one as he is the second most senior developer. It'd be quite a pay cut we believe as it's 80% of a max wage of £2,500 before tax, not take home pay, if we've understood it right?
So that's 80% of £2,500 (£2000) which is then taxed at 20% (£1,600) minus pension (£1,350) and then NI and student loan repayments to come off too to get to the actual take home amount. I know it'd still be a higher wage than a lot of people, and he could lower his pension contributions, but it's something we'd rather avoid for as long as possible. It's not quite the 80% of wage it sounds like at first hearing. I think some people hear the £2500 mentioned and think that's how much people will get paid each month.
The only thing I think is wrong there is I think the 80% is a maximum of £2500 not that it's a maximum of 80% of £2500. £1750 rather than £1350 but I could be completely wrong on that.
I did think it was a pointless thing to say, 80% of an amount rather than just the maximum possible amount you could get before tax etc.
I've added it to prorogue as words I can't pronounce and don't know what they mean. I reckon if you get prorogued and furloughed in one afternoon it could be very exciting but you're probably going to wake up sore.