On 24th September, the Chancellor announced the broad outline of the new Job Support Scheme (JSS). In broad terms, the JSS seeks to enable short time working whilst ensuring that employees are still able to earn sufficient wages to survive and companies receive some help with their payroll costs.
There are two measures that are likely to be of direct interest to employers: The Job Retention Bonus (JRB) and the Kickstart Scheme. The JRB is intended to encourage employers to retain staff, and the Kickstart Scheme is aimed at addressing the problems with unemployment amongst the young in society.
The UK government had announced the extension and changes to the Coronavirus Jobs Retention Scheme (CJRS) to October 2020 on 12 May 2020. There was a lot of speculation that businesses would be expected to contribute 20% of the costs of the furlough scheme from 1 August 2020. The government has now provided details on how businesses […]
UPDATE 29/05/2020 : PART TIME FURLOUGH WILL BE INTRODUCED FROM JULY 2020 NOT AUGUST 2020 AS PREVIOUSLY ANNOUNCED WE HAVE UPDATED THIS BLOG ACCORDINGLY. The UK government has announced the extension of the Coronavirus Jobs Retention Scheme (CJRS) to October 2020. As part of this announcement, the Chancellor, Rishi Sunak, also announced that from July employers would […]