
By Gilson Gray
March 5, 2021
As discussed in our recent blog, Rishi Sunak, Chancellor of the Exchequer, announced on 24th September the proposed follow-up arrangement to the Job Retention Scheme. At the time he expressed hope that the new arrangement would prevent the predicted flood of redundancy dismissals when the furlough scheme was closed.
In accordance with the practice which has been followed during the Covid-19 response, the detail of the new scheme is now being revealed.
The Government has issued guidance on the financial incentive for employers to make use of the Job Retention Bonus Scheme and retain employees.
In summary, the guidance is in line with what has been anticipated. The main points are as follows:-
We shall keep you up to date as future guidance is released. In the meantime, if you have any questions about this or any other employment law matter please contact us.
If you would like further information regarding the UK Governments Job Retention Bonus, please contact:
Stuart Robertson by email: srobertson@gilsongray.co.uk or by phone: 07793 821 523 / 0141 433 7752
Graham Millar by email: gmillar@gilsongray.co.uk or by phone: 07841 920 102 / 0141 530 2023
You can also visit our Employment Law Team page by clicking here.
The information and opinions contained in this blog are for information only. They are not intended to constitute advice and should not be relied upon or considered as a replacement for advice. Before acting on any of the information contained in this blog, please seek specific advice from Gilson Gray.
Stuart attended The High School of Glasgow and studied law at the University of Strathclyde. He qualified as a solicitor in 1991 and has been a partner in three leading commercial legal firms in Edinburgh Glasgow and Aberdeen during his legal career.