11th November, 2020 by Simon deMaid
Updated guidance on the Coronavirus Job Retention Scheme (“CJRS”) was published on 10 November 2020. As previously confirmed, the CJRS will remain open until 31 March 2021.
Until January 2021, employees will receive 80% of their usual salary for hours not worked, up to a maximum of £2,500 per month. In January 2021, the government contributions for the CJRS will be reviewed. The key highlights from the guidance include:
Simon De Maid comments:
"The government's guidance on the extended furlough clarifies some issues although possibly creates some for employers. Employees who were made redundant prior to 1 November 2020 and are subsequently re-hired by their old employer (in order for them to be furloughed), raises issues surrounding continuity of employment, redundancy and notice payments.
Additionally, the government's upcoming review of contractual and statutory notice payments under the scheme after 1 December 2020, may mean that businesses will not be able to claim notice pay (contractual or statutory notice) during furlough, which affects the cost of any redundancies and associated costs at the end of furlough. We also eagerly await clarification on the TUPE point discussed. To discuss the scheme in more detail contact a member of the team here."
The information on this site about legal matters is provided as a general guide only. Although we try to ensure that all of the information on this site is accurate and up to date, this cannot be guaranteed. The information on this site should not be relied upon or construed as constituting legal advice and Howes Percival LLP disclaims liability in relation to its use. You should seek appropriate legal advice before taking or refraining from taking any action.