Old 03-30-2020, 09:37 AM
  #21  
RickGassko
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Joined APC: Apr 2018
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Originally Posted by rickair7777 View Post
OK, I didn't look hard enough. If that's what it is then everybody should take the grant unless they have some weird circumstance.
My understanding of it as it’s been explained to us at F9 is Grant $ = X Payroll $ = Y. If X<Y the difference has to be made up somewhere. Since it specifically says furloughs are off the table until Oct 1, that isn’t an option. It’s the reason a COLA LOA is in the works for us now (after the stimulus was announced). If not enough people take a COLA to make up for the shortage in payroll, that may be why taking the grant $ may not be an option for some companies.
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