Changes to the Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme changed again from 1 September 2020 in line with previous government announcements.

From 1 September, the government will pay 70% of wages up to a maximum cap of £2,187.50 for the hours the employee is on furlough. Employers will top up employees’ wages to ensure they receive 80% (up to £2,500). The caps are proportional to the hours not worked.

Further reductions to the government contribution will come into effect from 1 October 2020 with the Scheme coming to an end on 31 October 2020.

If you are an Employer or Employee and you would like further guidance or advice on your rights and responsibilities under the Coronavirus Job Retention Scheme, returning to work or reorganisation, please do not hesitate to our experienced Employment team on 01904 716000 or email gillian.reid@warekay.co.uk who will be happy to assist.