I run a small business with 3 employees.
It appears to me, the employees would be better off financially if I laid them off. With layoff they would get €350 per week. With the 70% of net weekly pay, as outlined by the revenue, all employees get less than €350 with the 70% scheme.
Also, when the lockdown ends, I will have to reduce their days to 3 per week. On 3 days per week, they will earn less than €350, so why would they want to work if they can get €350 with a full lay off?
The intention of the scheme was to prevent layoffs but the way it works for me is to encourage it.
Am I missing something here or what?
It appears to me, the employees would be better off financially if I laid them off. With layoff they would get €350 per week. With the 70% of net weekly pay, as outlined by the revenue, all employees get less than €350 with the 70% scheme.
Also, when the lockdown ends, I will have to reduce their days to 3 per week. On 3 days per week, they will earn less than €350, so why would they want to work if they can get €350 with a full lay off?
The intention of the scheme was to prevent layoffs but the way it works for me is to encourage it.
Am I missing something here or what?