Originally Posted by
nibake
Companies are supposed to apply for aid by this Friday afternoon.
Companies accepting aid cannot furlough or lay off. They are not even supposed to be able to reduce pay rates until September 30. No stock buybacks, but that shouldn't affect Sun Country. Bankruptcy would, however, stop the payments.
If I am reading this confusing paragraph on CBAs correctly, the gubbermint cannot put conditions on our ability to use collective bargaining.
Source:
https://home.treasury.gov/system/fil...ontractors.pdf
it depends on what the definition of "pay rate" is. If your pay is $200/hr. They can maintain that "pay rate" but only pay you 20h a month rather than 75h. Technically, the "pay rate" is the same. Of course I never read the fine print...