The recently announced Coronavirus Job Retention Scheme has been created to help support people, jobs and businesses – an unprecedented step that will be massively welcomed by employers and employees alike during these uncertain times.
Mike Patterson, Head of Employment at chamber member Berwins, has created a useful guide for businesses, explaining what they need to know based on current guidance. Topics covered include:
The full article can be found at https://www.berwin.co.uk/blog/coronavirus-job-retention-scheme-what-you-need-to-know
The Treasury have today updated their Coronavirus Job Retention Scheme guidance with specific reference to National Insurance and pension contributions for furloughed workers. Please see below:
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