Originally Posted by
busdriver12
Never give concessions. When the economy recovers, it will take years (if ever) to get those concessions back, and you'll have to fight for them. I don't consider a reduced schedule to be concessionary, however, if it is done right. Everybody works less and it does save people from being furloughed. Of course, those who are not at risk of furlough will have all sorts of reasons why they shouldn't work a reduced schedule.
A reduced schedule is a safe "concession" because it is not in the company's best interest. They will want the productivity back as soon as possible, so it's not like you're going to get stuck with 65 hours/moth forever. Assuming you can even get them to agree to reduced schedules (ib lieu of furloughs) in the first place.
But yeah, no concessions.
1) You'll have to fight your way out of the hole.
2) That will be your baseline for further reductions in BK (snap-back provisions will evaporate in BK).
Originally Posted by
busdriver12
At the time, furlough can seem like the worst possible situation, but definitely look for that silver lining. Occasionally it exists. Being furloughed can force you to do things you never would have considered. Me and my spouse both furloughed from our dream job with a major, two little kids, no money saved.....broke, scrambling for non-existent jobs, ended up at a much better place.
That kind of silver lining will be more apparent in hindsight...