Employment Law News
Reforms to the Coronavirus Job Retention Scheme announced
On 29 May 2020 the Chancellor of the Exchequer announced how the Coronavirus Job Retention Scheme (Scheme) will change between 1 July 2020 and 31 October 2020 when the Scheme will close. There are three key changes:
- Flexible furloughing will be introduced.
- The Scheme will be closed to new entrants.
- Employers must begin sharing the costs of paying furloughed staff.
These three changes are considered in more depth below. Detailed guidance on the changes is due to be published on 12 June 2020
Please click on information below to download the PDF:
BDBF is currently advising many employers and employees on the challenges presented by the coronavirus. If you or your business needs advice on furlough or other coronavirus-related matter please contact Amanda Steadman (firstname.lastname@example.org) or your usual BDBF contact.