Posts Tagged ‘furloughs’

To Pay or Not to Pay Furloughed Federal Contractors

Many federal contractors are feeling the financial pinch of the shutdown. While Congress is wondering whether or not it should pay its employees for their furloughed time, private businesses who contract with the federal government for work (federal contractors) don’t have the luxury of either the government’s bank account or legal exclusions from certain wage […]

 

Layoffs Are on the Rise Again – Are Your Documents Updated?

This past week Richmond-headquartered Fortune 500 company Genworth Financial announced that it would lay off about 400 positions in a cost-cutting move. Shortly after that announcement, in discussions with other employment counsel around the country, it became clear that Genworth is not alone in making such a mid-year adjustment.  Many colleagues noted they have just […]

 

Deju Vu All Over Again – Layoffs and Furloughs Return

If you’ve been reading the news lately, you will see that companies are going through another round of layoffs and furloughs. Just today, it is reported that the Richmond Times Dispatch is requiring employees to take 15 furlough days. This is their second furlough in two years. Don’t discount this news simply because it’s happening […]