[Finance] Furloughed Pay

[The Wookiee]

With the regards to furloughed pay. Could anybody tell me the correct due process a company has to adhere to when implementing it to their employees?

I guess a 2 minute Zoom call to each individual advising that as of 1st April you are to be furloughed, isn’t the right way of doing things ??

 

[sparkie]

I think the individual you called a moron was attempting to highlight these are unprecedented times, none of us have ever known a time like it, the Government are attempting to set up and implement, what is in theory a nationalisation of the entire UK workforce in the space of a month, it will take time, people, unfortunately will slip through the net, I’m really not sure what the Government are supposed to do?
#Bekind


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Lol.

Everyone knows that Baker lite is Ppf's 2nd account.

 

[Pretty pink fairy]

Stick to your specialist subject. 1970s football hooliganism.

Leave this shit to people who know what they're talking about. It's important.

stop flattering yourself . AS IF YOU'RE THE EXPERT
regards
DF

 

[Pretty pink fairy]

Lol.

Everyone knows that Baker lite is Ppf's 2nd account.

Another mug ......... would you rather be dead or short of a few bob for a while
regards
DF

 

[Pretty pink fairy]

With the regards to furloughed pay. Could anybody tell me the correct due process a company has to adhere to when implementing it to their employees?

I guess a 2 minute Zoom call to each individual advising that as of 1st April you are to be furloughed, isn’t the right way of doing things ??

well mate that's happened to me, just waiting for a letter from the company confirming this, no doubt a letter from the union as well
regards
DF

 

[sparkie]

Another mug ......... would you rather be dead or short of a few bob for a while
regards
DF

I don't have enough information to answer that question.

 

[Pretty pink fairy]

I don't have enough information to answer that question.

stop the swerve, yes or no will do
regards
DF

 

[sparkie]

stop the swerve, yes or no will do
regards
DF

I'd quite fancy paradise, or drinking daily in Odin's halls; being reincarnated as a daffodil I could accept; other less attractive options... not so much.

 

[Pretty pink fairy]

Also. Read my post that he quoted and what he wrote.

It's complete nonsense.

I was advocating more money for people and a more simple way of doing it.

He implied that I wanted people to get nothing.

The opposite of what I'd written.

I've no issue with calling that moronic.

Well you got that all wrong then ,i'm hardly surprised really but you carry on doing your good work
regards
DF

 

[Pretty pink fairy]

I'd quite fancy paradise, or drinking daily in Odin's halls; being reincarnated as a daffodil I could accept; other less attractive options... not so much.

right on !
regards
DF

 

[LlcoolJ]

stop flattering yourself . AS IF YOU'RE THE EXPERT
regards
DF

Oh, you think you're so funny.

Wind your neck in. Trolling is not required at present.

I'm not an expert, but I do know important information that needs to be passed on to people. Instead of them being fed a load of rubbish.

You are not helping anyone. So shut up.

I'm not even wound up by you. If anything I pity you. But I have more pity for the people who we need to help.

So please just **** off.

 

[Pretty pink fairy]

Oh, you think you're so funny.

Wind your neck in. Trolling is not required at present.

I'm not an expert, but I do know important information that needs to be passed on to people. Instead of them being fed a load of rubbish.

You are not helping anyone. So shut up.

I'm not even wound up by you. If anything I pity you. But I have more pity for the people who we need to help.

So please just **** off.

i'm entitled to my opinion just like you so no i wont **** off ,also i'm not trying to wind you up, who says i'm not helping people out myself
regards
DF

 

[Official Old Man]

A simple but very important question turns into an all out war!
Please calm down.
#LlcoolJ are you involved in payroll? I still do not have an answer to my original question. The gov.uk site doesn't clarify whether I pay someone 80% of their net pay or insert 80% of gross.

 

[The Andy Naylor Fan Club]

Tottenham to use the furlough scheme for 550 non playing members of staff for April and May to "protect jobs".

 

[Notters]

I think what this thread has made clear is that Universal Basic Income would be easier to implement and fairer.

 

[schmunk]

A simple but very important question turns into an all out war!
Please calm down.
#LlcoolJ are you involved in payroll? I still do not have an answer to my original question. The gov.uk site doesn't clarify whether I pay someone 80% of their net pay or insert 80% of gross.

You pay 80% of the gross (or more, if you so choose) and deduct standard PAYE and NI rates from that gross. You can then claim back the 80% figure (or £2,500 if less), plus employer NI and auto-enrolment pension conts. from the government.

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

https://www.lewissilkin.com/en/insi...oyers-on-the-coronavirus-job-retention-scheme

 

[Baker lite]

Lol.

Everyone knows that Baker lite is Ppf's 2nd account.

[emoji849]time for the tin foil hat.


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[sparkie]

[emoji849]time for the tin foil hat.


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One of PPF's standard comments [emoji38]

You are doing it on purpose now.

 

[Official Old Man]

You pay 80% of the gross (or more, if you so choose) and deduct standard PAYE and NI rates from that gross. You can then claim back the 80% figure (or £2,500 if less), plus employer NI and auto-enrolment pension conts. from the government.

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

https://www.lewissilkin.com/en/insi...oyers-on-the-coronavirus-job-retention-scheme

I may be looking too hard or it's just not there in simple print.
From HMRC-
Employers can use a portal to claim for 80% of furloughed employees’ (employees on a leave of absence) usual monthly wage costs, up to £2,500 a month, plus the associated Employer National Insurance contributions and minimum automatic enrolment employer pension contributions on that wage. Employers can use this scheme anytime during this period.
So the question is still do I insert into the hours worked and hourly rate, say, 40 hours and £10 and then pay 80% of net or insert 40 and £8 and pay net? Serious question because in the case of my staff it's a difference of £57.

 

[Pretty pink fairy]

I think what this thread has made clear is that Universal Basic Income would be easier to implement and fairer.

https://www.youtube.com/watch?v=kl39KHS07Xc
regards
DF