I am on FURLOUGH ... now what?

On April 2nd I received news from my leader that I was going to be included in the short-term furlough that would be impacting thousands of executive, salaried and non-union hourly employees based in the U.S. This closure period is effective starting April 19.


What????


I had so many questions:

What is a furlough?

Do I still have a job?

When am I coming back to the company and job I love?

Did I do something wrong?

How am I going to pay my bills?

How do I apply for unemployment?


With all these questions I started to feel more and more overwhelmed and knew I quickly needed to work with my company and do my own research to start answering these questions and build a plan. I wanted to share some of these resources with you and hopefully they will help you build your plan.


Furlough ... what is that: https://www.shrm.org/resourcesandtools/tools-and-samples/hr-qa/pages/furloughlayoffreductioninforce.aspx


When will I get my economic impact payment: https://www.irs.gov/coronavirus/get-my-payment


How much will I make on unemployment and where do I apply: https://www.uc.pa.gov/Pages/default.aspx


Am I eligible for stimulus payment: https://www.cnet.com/personal-finance/coronavirus-stimulus-checks-up-to-1200-are-you-eligible-and-everything-to-know/


Can I delay my mortgage payment: https://www.forbes.com/sites/advisor/2020/04/16/covid-19-mortgage-forbearance-what-to-know-before-you-delay-payment/#499d818a3481


I am so thankful that my company is still paying for my health insurance and educational reimbursement during this furlough period. I hope these resources are helpful and I look forward to continuing to share additional resources and help each other during this uncertain time.











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