- This topic has 3 replies, 4 voices, and was last updated 1 year ago by
.
-
Posts
-
I’m in my probation period at my new work and fear I may be laid off. With the current coronavirus lockdown, what would I do to secure a financial security?
This is a tricky one! Are other people at your work being furloughed or made redundant? If your colleagues are furloughed, you can be furloughed, too. It doesn’t matter how long you’ve been there, as long as you were on the payroll by 28th Feb 2020.
But if it looks like redundancy is on the cards, there’s not much you can do! You can apply for Universal Credit the day you’re made redundant, or even beforehand if you’re on a low income. Otherwise, look for other work if you think your job is at risk – there are companies still hiring out there!
Or, if it’s a case of work still being essential but the business not having funds to pay everyone, could you suggest reducing hours for the short-term? It could help save the business AND stop everyone losing their jobs.
Some companies have found it cheaper to furlough than to lay off staff. Recruitment costs money too. It can also depend on the industry too.
- You must be logged in to reply to this topic.