Furlough goes as Job Support Scheme starts

Published:  30 October, 2020

The furlough is set to end from tomorrow (Saturday 31 October), with the scheme being replaced by the Job Support Scheme from Sunday (1 November) for those businesses still seeking support.

Under the new scheme, which was announced in late September but re-restructured as recently as last week, staff will need to work a minimum of 20% of their regular hours, for which their employer will pay them usual. Concurrently, the employee gets 66.67% of their normal pay for the hours not worked, made up of contributions from the employer and from government. The business will need to pay 5% of salary, up to a total of £125 per month, The government will pay the remainder of 61.67, up to a maximum of £1,541.75 per month.

Through the scheme, employees will get at least 73% of their wages, where they earn £3,125 a month or less.

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