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Rishi Sunak to announce new job protection plans - Coggle Diagram
Rishi Sunak to announce new job protection plans
technical unemployment plan expires 10/2020
PM = BJ x entend but additional support coming
TRESOR = RS : creative & imaginative solutions
≠ forms wages subsidies + financial support
Job lost winter if government x provide eco support
Sir Keir
ask plan B = X sens make new rules & remove job support
calls: + support business
working home = X sustainable
60.000 workers lose jobs (hotel, restaurant, etc) plan X extend
BJ must show leadership & act quickly
Idea: reduce employees working hours--> keeping jobs = government pay part loss
FOR GOVERNMENT SUPPORT
necessary prevent unemployment from rising
AGAINST GOVERNMENT SUPPORT
replacement scheme damage economy
Options available
Kurzarbeit
employer reduce worker hours & government pay % that they lost (21 months)
chômage partiel
companies reduce employee hours by 40% (3 years), employees receive almost full salary, government pay % cost
cheaper than technical unemployment (guarantee 80% employees wages w/ ceiling £2500/month).
Today TU cost £39.3billion >< Kuzarbeit £31 billion)
CBI
goverment give wage supplement if employee works 50% of their hours, employee paid 2/3 (1 year)
TUC
employees work smaller portion, paid 80% lost hours & 100% if minimum wages