Job Retention Scheme
The job retention scheme was introduced for the Covid-19 pandemic and is better known as Furlough.
What is the job retention scheme?
The job retention scheme is a government wage support measure designed to protect jobs in the wake of the economic impacts of the COVID-19 pandemic.
It is for when there is no work for an employee to do because of Covid-19, so rather than exit staff from your business, you can pay them 80% of their wages and the Government will reimburse you for the wage cost.
The scheme seeks to preserve jobs at firms experiencing a temporary reduction in business activity by alleviating labour costs while supporting the incomes of workers.
IT Contractors Engineers Management Consultants Rail Contractors Recruiters Creative and Marketing Professionals Offshore Energy Contractors Finance Professionals Accountants Health & Safety Professionals Health & Wellbeing Legal Professionals Photographers Property Professionals Social Workers Teachers & Tutors Tradespeople Small Businesses Construction Contractors
Blog
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantiumIR35 Hub
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantiumKnowledge Centre
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantiumIR35 Hub
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantiumKnowledge Centre
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium