Pauses doing a job for firm ahead of floatation for payment and falls to pieces (6,6)

'floatation for payment and falls to pieces' is the definition.
I can't tell whether this definition defines the answer.

'pauses doing a job for firm ahead' is the wordplay.
'pauses' becomes 'breaks' ('break' can be a synonym of 'pause').
'doing a job' becomes 'ffee' (I can't justify this - if you can you should give a lot more credence to this answer).
'for' is a charade indicator (letters next to each other) (I've seen this in other clues).
'firm' becomes 'co' (a firm is a company).
'ahead' means one lot of letters go next to another (some letters go in front of others).
'ffee' put after 'co' is 'coffee'.
'breaks' put after 'coffee' is 'COFFEE BREAKS'.

'of' is the link.

Can you help me to learn more?