The government’s Coronavirus Job Retention Scheme (CJRS) will remain open until the end of October 2020.
The Chancellor, Rishi Sunak, has announced that the CJRS will be extended for a further four months, with employees across the UK continuing to receive the LOWER of:
- 80% of their salary, OR;
- £2,500 a month.
The scheme will continue in its current format until the end of July, with changes being introduced from the start of August to enable more flexibility with furloughed workers.
From the start of August furloughed workers will be able to return to work part-time, with employers asked to pay a percentage towards the salaries of their furloughed staff.
The government is also currently looking at ways it can support furloughed workers who wish to do additional training or learn new skills during this period. Statistics published on 12 May show that the number of jobs furloughed in the UK is 7.5 million workers, with almost 1 million employers furloughing through the JRS.
More specific details around the implementation of the more flexible version of the CJRS will be available at the end of May.