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Furloughed by a company in profit

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lilibuglilibug Forumite
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I was furloughed a few days after my large global company announced good profits and paid shared profit bonuses to all employees including me. months later, the company is still making large profits. Should they be paying the government's money back?


  • edited 3 May at 7:30PM
    zx81zx81 Forumite
    32K posts
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    edited 3 May at 7:30PM
    No.  Companies are still permitted to make a profit from their business.             
  • CKhalvashiCKhalvashi Forumite
    9.9K posts
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    Companies are allowed to make a profit.

    Just because one part of a business may be profitable doesn't mean another part will be. The furlough scheme (which we chose not to take part in due to my wanting to push a number of ideas into commercial practice) is therefore allowed to give the flexibility to companies in this way.
    "I kada sanjamo san, nek bude hiljadu raznih boja" (L. Stamenkovic)

    I can spell, my iPad can't.
  • edited 3 May at 9:51PM
    keepcalmandstayoutofdebtkeepcalmandstayoutofdebt Forumite
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    edited 3 May at 9:51PM
    I worked for a small company where communication was so very poor but saw the company financials easily, who furloughed me because well I was the easiest I suppose. The one time when I could kick myself for doing a year.  I didn't half scoff at ACAS 'initial suggestion but they were right.
    Sad thing is I was truly paid less then the part-timer who hadn't been with the company very long.  I imagine I'd have gone on Furlough and had 2 part timers conveniently replace me....
    Only thing good to come of it, my ex Employer didn't get out of pension contributions when I checked recently. Not bad for at least two month's fictitious wages though I imagine it will disappear so I'm looking into my options!! Plus I now don't have to bother buying own toilet paper! Result!
    Furlough was so clearly poorly policed and used wrongly in many aspects.
    I hope it is published like the not paying minimum wage dodgers, but something tells me it won't be. 

  • ThrugelmirThrugelmir Forumite
    81K posts
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    Perhaps they already have, as many companies have done. 
    ““Bull markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria.”

    ― Sir John Templeton
  • mrlegend123mrlegend123 Forumite
    131 posts
    100 Posts Name Dropper
    unlucky but do move on! 
  • mrlegend123mrlegend123 Forumite
    131 posts
    100 Posts Name Dropper
    remember companies do not care about their workers, just profits.
    As a manager, workers are disposable of course, it is depending on the industry. 
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