CARES Act End Run
#11
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#12
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Seriously.....you guys have to understand that the goal is to save the jobs in the long run....not save take home pay in the short run. But whatever....go ahead and burn through all that cash and shut the whole thing down even sooner 🤷🏻♂️ Uncle Sugar’s bailout isn’t gonna be able to sustain the status quo through all this. Adjustments have to be made.
#13
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Where exactly in the act does it state "published hourly rates". It just says "pay rate" in everything I've read. Getting your pay cut in half is certainly a change in one's pay rate. If the Act wasn't meant to protect people's historic take home pay, why did the application for the government money require applicants to document historic salaries?
The purpose of requiring companies to give the government historic payroll expense was to determine the level of funding that was distributed. Going from a captain who maxed out their hours out last year to a first officer making reserve guarantee is a substantial reduction in take home pay, but the company didn’t reduce any rates. It’s not always about the spirit of the law, but the actual wording. When the 14th Amendment was passed, the spirit and intent of the law was to give the recently freed slaves the rights of citizenship as a free people born into this country, not as property, as was the case before. Granting anchor babies citizenship never was their intent or within the spirit of the law, but it is within the actual text. I don’t want to start some big political debate on immigration, this is just an example of the spirit vs what the law actually says.
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#15
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https://www.merriam-webster.com/dictionary/pay%20rate
The purpose of requiring companies to give the government historic payroll expense was to determine the level of funding that was distributed. Going from a captain who maxed out their hours out last year to a first officer making reserve guarantee is a substantial reduction in take home pay, but the company didn’t reduce any rates. It’s not always about the spirit of the law, but the actual wording. When the 14th Amendment was passed, the spirit and intent of the law was to give the recently freed slaves the rights of citizenship as a free people born into this country, not as property, as was the case before. Granting anchor babies citizenship never was their intent or within the spirit of the law, but it is within the actual text. I don’t want to start some big political debate on immigration, this is just an example of the spirit vs what the law actually says.
The purpose of requiring companies to give the government historic payroll expense was to determine the level of funding that was distributed. Going from a captain who maxed out their hours out last year to a first officer making reserve guarantee is a substantial reduction in take home pay, but the company didn’t reduce any rates. It’s not always about the spirit of the law, but the actual wording. When the 14th Amendment was passed, the spirit and intent of the law was to give the recently freed slaves the rights of citizenship as a free people born into this country, not as property, as was the case before. Granting anchor babies citizenship never was their intent or within the spirit of the law, but it is within the actual text. I don’t want to start some big political debate on immigration, this is just an example of the spirit vs what the law actually says.
Definition of pay rate: the amount of money workers are paid per hour, week, etc.
When you change someones pay from $75/hr to $42 per hour, you changed their pay rate. No, it wasn't across the board for everyone, but it was a pay rate change for those impacted. Again, please show me where exactly in the act it states "published hourly rates".
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#17
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Might want to read the entire discussion before chiming in with a pointless comment. But thanks for the input.
#19
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From: Engines Turn or People Swim
Regarding downgrades, many airlines will be doing that this summer to set the table for easy furloughs.
If it is determined that it's in violation of the CARES act, they'll simply pay protect the downgrades until 01 Oct. But I bet they try to make it a paycut and see what they can get away with.
#20
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Two separate things. The company believes that downgrading someone isn't a pay rate change. They can't do that across the board and they can't furlough at this point, but they are trying to save some money short term by effectively reducing the rate for some employees.
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