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Old 03-09-2009, 11:57 AM   #2
upthesaukee
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Default benefit to employees

Quote:
Originally Posted by Lakesrider View Post
I know they are undergoing renovations, but I heard yesterday they laid off all the employees, and have, or are selling the Inn. Not to reopen? I see alot going on there construction-wise. But I would have thought they would have the same emplyoyees come back at least? Hmmm....
Seasonal businesses who want to retain employees often times will lay off those employees for a period of time when it is not feasible to pay them their normal wage. This enables them to collect unemployment benefits, and when the business is ready for them, they hire them back.

In this case, it is a business undergoing renovation, and may be something that has been done to allow employees to obtain some money while the business is closed.
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