How Many Companies Have Used the Furloughing Scheme?
Nationally, it has been reported that over 9 million people have been supported by the furloughing scheme at a cost to the government of over £30 billion and rising. That is the national picture. Here at JLP, where all of our clients are small businesses employing less than 50 people, we have seen a different picture, with the numbers of staff our clients were furloughing declining over time rather than growing. With our Clients, the Numbers of Furloughed Staff have Fallen in Some Cases We...
Flexible Furloughing – The Challenges for Payroll
From 1st July 2020 businesses will have the flexibility to bring furloughed employees back to work part-time, with the government still paying 80% of wages for any of their normal hours they do not work up until the end of August. Employers can decide the hours and shift patterns that employees work. This means that employees can work as much or as little as businesses need them for, with no minimum time that staff can be furloughed for. Furloughing has presented payroll with challenges,...
Are you employing for the first time?
Although lockdown has restricted business for many, some businesses have been taking on new employees during this period. Likewise, there will also be individuals who have used this time to start their own business and will be planning for the costs involved in taking on their first employee as the business grows. If you are a potential new employer here are some key points you need to think about and the costs you need to plan for. Firstly, Register as an employer You do not need to register...
Changes to the Coronavirus Job Retention Scheme (CJRS) – Flexible Furloughing from 1st July 2020
The CJRS scheme will close to anyone who hasn't been furloughed for 3 weeks by 30th June. This means you will only be able to claim for employees after that if they have been furloughed for a 3 week period at any time before 30th June. Working back, this means that the last day an employee who has not been furloughed before can be furloughed is 10th June. Moving forwards, you will have until 31st July to make a claim for any periods of furlough up until 30th June. New CJRS Rules From 1st July...
Automatic Enrolment Obligations and Furloughing During Covid19
The Covid-19 pandemic has disrupted every facet of life in the UK. However, when it comes to workplace pensions, it has been confirmed by the Pensions Regulator, that employers should continue to enrol, re-enrol and contribute towards workers? pensions whether they are furloughed or not. This warning comes alongside the Government's landmark Coronavirus Job Retention Scheme, which pays up to 80 per cent of wages for workers on furlough (currently through to the end of October 2020, with...
