Employers expected to begin making 10% contributions as of July, rising to 20% in August, to CJRS
Chancellor Rishi Sunak has extended the UK furlough scheme through to end of September this year. The new extension to the Coronavirus Job Retention Scheme (CJRS), applied to the whole of the UK, will cover 80% of wages for those not working due to the pandemic, it was announced in today's Spring Budget. However, Sunak detailed that employers will be expected to make a "small contribution of just 10%" towards payments to CJRS from July, rising to 20% in August and September as government support tapers off and focus shifts to reopening the economy. "For employees there will be no c...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.