Despite a delay in the easing of lockdown, the Job Retention Scheme hasn’t been extended. That means, from today, there are only 98 days of furlough remaining.
As of July, government contributions will reduce to 70% of staff wages. That means you’ll have to make up 10%.
In August, government contributions will reduce again, this time to 60%. That means you’ll have to make up 20%.
There are no further changes until 30th September 2021, when the scheme ends. At that point you’ll face some tough decisions.
To help you navigate the next 98 days, make the most of the Job Retention Scheme, and avoid difficult decisions when furlough ends, Croner have put together Top Tips - Preparing for the End of Furlough