IRRV Alert - week ending 15th May 2020
News
Circulars
Publicity
Job Retention Scheme update (12 May 2020)
Job Retention Scheme update
12 May 2020
The UK government have updated the details of the Job Retention scheme with the following:
- Coronavirus Job Retention Scheme will continue until end of October
- furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500
- new flexibility will be introduced from August to get employees back to work
The scheme will continue in its current form until the end of July and the changes to allow more flexibility will come in from the start of August. More specific details and information around its implementation will be made available by the end of this month.
For further information please visit the GOV.UK website.
Please visit the Business Wales Coronavirus advice for businesses pages for information for your business on dealing with the Coronavirus outbreak.