Our Director of Legal Services, James Tamm, will be discussing the new-look Job Retention Scheme following the Chancellor’s announcement about the intricacies of flexible furlough on 12 June.
At the end of May, the Chancellor laid out the government’s plans for gradually withdrawing the Job Retention Scheme. Those planning to utilise the scheme in its final four months will now need to get to grips with a number of new rules, including “flexible furlough” (the ability to bring staff back part-time) and employer wage contributions. So what does this mean for your business?
With the Chancellor set to announce finer details of flexible furlough on 12 June, our Director of Legal Services, James Tamm, will be hosting a 30-minute session to break down the key changes and explain how these will work in practice.
Under the updated furlough scheme guidance, businesses will have to pay 10% towards employees’ 80% furlough wage from September; this will then double to 20% in October before the scheme ends on October 31. Employers will also have the flexibility to bring staff back as they gradually restart their operations, with furlough only payable for the hours an employee is NOT working.
At this crucial time for businesses everywhere, join James for clear, practical advice based on the latest government information and get your flexible furlough questions answered.