The Government Job Retention Scheme

April 2, 2020 10:44 am Published by

On 20 March 2020 the Government announced that due to the difficulties organisations are facing in this global pandemic they would set up a fund to pay towards staff salaries for roles which would otherwise be laid off. In order to receive these funds employees need to agree to ‘Furlough leave’ which means they cannot work for their employer for a temporary period. Employers can claim up to 80% of salary for each furloughed employee up to a maximum of £2500 per month per employee. The employees need to have been on PAYE from 28 February 2020. Employers will need to put in place a temporary contract variation with staff. If you would like assistance with this or have any...