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Tuesday, April 28, 2020

When they 'earn' more by staying home drinking beer

A spa owner in Washington State was one of the lucky ones who received a forgivable loan from the Small Business Administration through the Paycheck Protection Program. Yet when she told her employees what she thought was good news, many of them became angry.
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Black-Lewis held a virtual employee meeting to explain that everyone would start receiving paychecks again thanks to the loans, thinking her staff would be ecstatic to get their income back. Unfortunately, due to the flat $600-a-week increase in weekly unemployment benefits included in the $2.2 trillion coronavirus relief bill, it meant some of her employees would earn more being unemployed than if they were to get their jobs back.
FROM HERE
-WiscoDave