Austin company looking to dock paychecks for those receiving stimulus checks

Our solvency will be fine. Our POTUS was instrumental in this and he has zero problem signing the bill. You want people to pay bills and rent and eat then send the $$$. This may very well not be the end of $$$ given out. The virus is just getting going.

We have one of the worst problems in my state, and already they are seeing signs of flat-lining.

What choice did Trump have but to sign a bill that the Democrats stalled with stuffed pork for over a week? People need money, and they need it now. I don't agree with it either. I don't think unemployment recipients should get an extra $600.00 a week on top of their states unemployment. I don't think that everybody should get a stimulus check; only those who were affected by this pandemic.

Everyone was effected by this pandemic.
If they are not essential they are forced to not work, and if they are essential, they are being badly over worked.
And the stimulus is not $1200 per week, but a one shot payment only.
There could be more, but right now it only looks like everyone will only get one check.

I was not talking about the stimulus check, I was talking about the federal addition to unemployment checks. If you collect unemployment from your state, the feds are going to add on an additional $600.00 a week on top of that. You can collect that for up to four months.

Up to $600 no one is going to make more than they did at work.

I sure would. Our state pays me $450.00 gross. Now add another $600.00 to that, it's over a thousand bucks a week.
 
I think that's shameful. How do those companies know that many of their workers have not experienced unexpected costs, such as extra daycare costs because of senseless school closures? What business is it of those companies how much money their employees get from the government in an emergency situation? And, most important, will those companies give back any stimulus money that they get?
 
I hope more companies start doing this. It disgusts me to see so many people getting free money that they didn't earn.


Source: KXAN-TV, Austin, TX

AUSTIN (KXAN) – Mar 27, 2020 / 07:07 PM CDT While Congress was working out the details on a bill that would provide Americans with stimulus checks, at least one Austin company was looking for ways to save payroll.

“The form says they are preemptively deducting funds from our paychecks. That number is based on what they’re anticipating the government relief fund to be,” a worker for the company told KXAN. The worker asked not to be identified in this investigation so as not to impact his company’s ability to continue doing business. The worker asked not to be identified in the report, but provided KXAN a copy of the paycheck reduction letter his company emailed out on March 25, 2020.

The worker said his company emailed a form titled “Employee Acknowledgement of ‘Government Assistance’ Pay Reduction” to some staffers on Wednesday. “In response to the economic crisis that is affecting all of us due to the coronavirus pandemic…(company name redacted) are hereby enacting the Employee Emergency Compensation Fund,” the letter stated.

The agreement would put workers under a “temporary compensation reduction that is in line with the assistance that it receives from the federal government related to the COVID-19 pandemic.” By signing the agreement, the company’s employees would have their paychecks between April 6 and April 20 cut by 100% of any money received under the stimulus bill. The company would also take half of the $500 stipend allotted for dependents under the bill.


Read more: Austin company looking to dock paychecks for those receiving stimulus checks

I'd like the name of this company and if what we are hearing is true, boycott the SOB's. The company is not entitled to wages or profits that they did not work for.
 

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