Coronavirus Job Retention Scheme | Updated 19.08.20

A reminder about changes to the Coronavirus Job Retention Scheme (CJRS) from 1‌‌ September and what this means for you.  

• From 1‌‌ September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work.
• You will still need to pay your furloughed employees at least 80% of their usual wages for the hours they do not work, up to a cap of £2,500 per month. You will need to fund the difference between this and the CJRS grant yourself.
• The caps are proportional to the hours not worked....
  This is member only content

  Please LOGIN to read the full article.

  Not a member? Please click here to join today.