[oil pan 4]

This feels like the bullspit virus. Wasn't even bad enough to make any real opportunity. Just bad enough to really hurt people who build their lives around living paycheck to paycheck.
I say try to keep the virus going through the summer to get herd immunity up before fall but not bad enough to over run hospitals or make the news.
If we do this all or nothing fight, we will just about stomp it out, think we won then it will roar back in the fall and be right back were we were a few weeks ago.

Originally Posted by JSH

Well we have seen the first real effects from COVID 19. My wife’s company just had an all staff meeting to announce the company’s COVID 19 “Stimulus” plan. It took an hour to say what could be said in 1 minute. No bonuses this year and company wide pay cuts on a sliding scale from 0-25%. People making less than $65K have no cut and it progressively increases from there. No slow down or reduction in hours. They didn’t let any contractors go and they keep their full pay.

How brain dead do you have to be to call a pay cut a “stimulus”?

We will be fine and a sliding scale makes a lot of sense. However nobody is happy that the company decided to cut employee pay before letting the contractors go.

Its a stimulus for the bottom line and the share holders.
The contractors are under contract and if the company want to reneg, problem is they likely agreed beforehand to brutal reneg and cancelation fees. For example, the contractors have likely already been paid, the contractors would love to be let go with all that money in their pocket free to find another gig.