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Reply to "Temporarily furloughing nanny? Strategies?"
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[quote=Anonymous][quote=Anonymous]60% of our HHI is from Government contracting. Due to the shutdown we lost 18% of our HHI and are down to 82% HHI If the shutdown goes on past 2 weeks our income will go down to 40%. of our original HHI We are ok as of now but if we go down to 40% we cannot afford the nanny until the shutdown is resolved. What would you do in this situation?[/quote] Here is the problem. You are dealing with supply and demand. If your H gets furloughed, he has no choice but the accept, because the whole industry is furloughed; there are no other options. On the other hand, the Nanny can find other work. And they, you will not have a Nanny. it is not rocket science. I would wait three weeks, as I do not think the shutdown will go past mid october. For what it is worth, my company just announced that indirect people (not people charging to contracts), are only to work 24 hrs next week, to offset the reduced cash flow. [/quote]
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