Tag Archives: employees

Job Retention Bonus

The Chancellor also announced the Job Retention Bonus. This is a one-off payment of £1,000 to employers for every furloughed employee who remains continuously employed through to the end of January 2021. Employees must earn above the Lower Earnings Limit (£520 per month) on average between the end of the Coronavirus Job Retention Scheme...
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Coronavirus Job Retention Scheme

What is it? Under the coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees who have been asked to stop working, but who are...
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