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Question of the Day - 01 November 2019

Q:

What is going to happen to all of the employees of the Hard Rock Hotel & Casino when they close for 8 months to be refurbished into Virgin?

A:

Hard Rock/Virgin is working hard to retain as many of its nearly 2,000 employees as it can while their paychecks aren't coming in during the eight-month shutdown for the transition to the new property.

Management has implemented what it calls a "Stick Around and Come Back" lump-sum retention bonus of up to 10 weeks for all employees -- gaming, non-gaming, union, non-union -- who return to their jobs, which will be held open for them. 

The unions approve. For Culinary, Operating Engineers, and Teamster workers, it will be official: They'll "have the right to be recalled to their jobs when the property reopens without having to reapply for their positions," according to a group statement issued by the unions.  

It's a good deal all around, we think. In a tight labor market, Virgin has an experienced staff when it reopens and the laid-off employees can return to their old jobs with a little extra cash incentive, after presumably working elsewhere or collecting unemployment for the eight-month closure. 

 

What will happen to all the employees when the Hard Rock closes for eight months to be refurbished into Virgin?
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Comments

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  • Dave Nov-01-2019
    Unemployment?
    In all my 61 years, I’ve only collected to a total of 3 weeks, so I’m unclear on the law - which I realize can vary among the states. 
    
    That said, can they really collect if they have a future job promised to them?

  • Randall Ward Nov-01-2019
    yes they can
    at least in OK you can collect if you're laid off, the GM plant did it several times a year.

  • Kevin Lewis Nov-01-2019
    Refurbished?
    How come nothing is ever plain old furbished?

  • David Nov-01-2019
    Absolutely unemployment
    These people lost their jobs through no fault of their own. This is exactly why unemployment exists.

  • Dave Nov-01-2019
    Very Nice
    That is actually a really good deal for them. They get paid for 2.5 months to start off, then unemployment (it is 6 months max?). so that puts them at just over 8 months of semi payment. They can part time it for a bit if needed (which will effect their unemployment amount) or take an 8 month vacation if they can afford it. 

  • David Miller Nov-01-2019
    Hide and watch...
     A "new" broom sweeps clean. I suspect when the casino/hotel reopens that there will be several prior employees missing. For now, the "policy" in place is just CYA for the owner(s). 

  • Roy Furukawa Nov-01-2019
    Smart
    That's a good gesture to their employees and it's good for both sides. Eight months is a long time, so if they can get most of their old employees back, it sure saves a lot of training costs for the company and it's a good deal for those returning employees.

  • Todd Sweet Nov-02-2019
    Tips?
    Since a lot of the employees work for tips, will the 10 week bonus figure in an average tip amount or only be based on base hourly rate?