The government shutdown is now the longest in US history, costing around $200 million per day or nearly $1.5 billion per week. This just compounds as the days and weeks drag on. (Nextgov January 15, 2019)
Business size makes the difference in the shutdown’s effect on employees. Large companies with government contracts generally have the ability to shift employees around (with agency approval), give them training opportunities, or allow them to take vacation time, personal time, or sick leave. All with the knowledge that they will have jobs once the government doors reopen. (ibid)
Unfortunately, though, contractors large and small cannot maintain payrolls when their customers fail to pay, and employees feel the brunt with layoffs. These employees will likely have a hard time finding work, even after the government reopens. It’s the smaller government contractor that will have the hardest time holding on, and the longer the shutdown continues, that harder it gets.
Planning for the future during the shutdown also seems dire because RFPs without functioning agencies languish. This bottleneck stalls the process, task orders stop, and ultimately everything comes to a complete standstill. Hurry-up-and-wait turns into wait-and-wait and, again, layoffs can be the only answer for the small government contractor. We, with you, hope for the shutdown to end. Now.
Do you have questions about which agencies are open for business and what you can expect? Give us a call at 301-913-5000 and we will help you out.