Workplace
Furloughs vs. firings
More companies are using furloughs to trim costs without permanently cutting their workforce, said Jeff Harrington in the St. Petersburg, Fla., Times. This strategy, long popular in “government and manufacturing circles,” has been embraced by employers across the board during the current downturn. “Furloughs come in different shapes and sizes, though they’re tethered to the same basic assumption: By compelling a worker to take unpaid time off one day a week, or several weeks a year, it spares a layoff for now.”
Furloughed workers should ask to take unpaid days in weeklong stints, said Dana Mattioli in The Wall Street Journal. Among other reasons, if off-days are grouped together, it may be possible to qualify for unemployment benefits. To take a whole week at once, rather than “nip a day here or there,” will also help to trim expenses for everything from child care to commuting. And smart workers shouldn’t treat these unpaid days like vacation. Instead, they should brush up their résumés, learn new skills, and network—in other words, start preparing for the possibility that this furlough could turn into a full-blown layoff.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Magazine solutions - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
Magazine printables - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
Why ghost guns are so easy to make — and so dangerous
The Explainer Untraceable, DIY firearms are a growing public health and safety hazard
By David Faris Published