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Furloughed & loosing accrued holidays?

I have been told I will be Furloughed at the 80% and that I will also loose any holidays I may accrue, which is about 2 days per month removed from my holiday allowance.
Is this correct? Can the company do this?
If I am off for 1 month I will only get paid 80% of my wage and also loose 2 days holiday of the 20 I usually receive for the year.
They have also put an offer in of working from home but on a reduced wage ( but more than 80%) and get to keep your holidays.
I'm not sure which will benefit me more, any advise gratefully received.

Comments

  • FtbDreaming
    FtbDreaming Posts: 1,128 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Probably better off working for the little bit more than 80% and getting your 2 days holiday in the future if you’re talking purely financially better off then. 

    Im more of a work to live person and would go for the 80% pay and no work as I value my time more than money. 
    Mortgage started August 2020 £69,700
    Mortgage ends Aug 2050 MFW: Aug 2027 
    Current Balance: £58,678
    MFW2020 #156 £723.13
    MFW2021 #26 £1184.71
    MFW2022 #11 £197.87
    MFW2023 £785
    MFW 2024 £528.15

    Determined to make it! 
  • HornetSaver
    HornetSaver Posts: 3,732 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Combo Breaker
    I don't condone the first response to the OP. But in practise I strongly suspect that holiday would not be accrued.
    If it were expected to be accrued as paid leave, this might persuade a small number of those who are really on the edge about furlough vs layoff (and several employers are leaning towards layoffs where they see no future for a role), towards the latter.
  • bradders1983
    bradders1983 Posts: 5,684 Forumite
    1,000 Posts Third Anniversary Name Dropper
    *lose.
    Sorry, that typo really annoys me. You can have that one for free.
  • Jeremy535897
    Jeremy535897 Posts: 10,794 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    Or how about "please can I have your advise"?
  • Thanks for the advise so far, apologies to the spell / grammar checkers and for not using my manners.... I was rushing to type, make tea, bathe the kids...and the thousand and one other things I need to do before getting my things ready to return to work tomorrow, (feeling a little more knowledgeable)... yeah some of us can't just finish...remember in this cruel world ...BE KIND !!! 
  • Jeremy535897
    Jeremy535897 Posts: 10,794 Forumite
    10,000 Posts Sixth Anniversary Photogenic Name Dropper
    If we can sometimes sound a bit picky it's because we devote 2 or 3 hours a day trying to help people for no financial reward, and we have to let off a bit of steam when faced with the same question yet again for the 200th time! We also see the angst of people who have seen their incomes disappear and have no idea how to put food on the table, and perhaps have a bit less sympathy for people who at least look like keeping 80% of their income for not working. So I apologise on behalf of us all, but be happy that you still have a job, and don't worry about loss of holiday entitlement when you're soon going to be paid to stay at home.
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