With the Coronavirus Job Retention Scheme, any employer in the UK, small or large, charitable or non-profit, will be eligible for support in paying part of their employees’ salary for those that would otherwise have been laid off during this Coronavirus crisis.
The Coronavirus Job Rentention Scheme applies to employees who have been asked to stop working, but who are being kept on the payroll, otherwise described as ‘furloughed workers’. HMRC will reimburse 80% of their wages, up to £2,500 (gross) per month. Application shall be made via a portal due to be set up imminently.
It’s important that you notify any employee that you wish to ‘furlough’ and provide them with an agreement for furlough leave. We have put together a letter template and agreement template to help you with this process.
Please complete the form at the bottom of this blog to download it.
We have also put together some Job Retention Scheme FAQs to provide guidance to employers, you can download these here: Coronavirus Job Retention Scheme FAQs.
If you would like to provide some guidance to your employee’s regarding the Job Retention Scheme then you can download our Employee FAQs here: Employee FAQ – Job retention scheme.
To find out more about the Job Retention Scheme and other support that is available please follow this link to our partner, UHY Hacker Young’s COVID-19 assistance guide.