Science Industry Partnership

30 Sep 2020

Government Job Support Scheme

As the government winds up the current Job retention ‘furlough’ scheme at the end of October, we have now been provided with details of the job support scheme that will commence on 1st November.

The job support scheme is very different from the original job retention scheme, in that it doesn’t offer the same level of support from government.  However it is hoped that the new scheme will continue to provide some support to employers along with job security to employees.

Below are some key facts that you need to know on the job support scheme and further information can be found via the government website  on how to apply the scheme within your company.

  • The scheme commences 1st November 2020 and will operate for 6 months.
  • The government will pay a third of all hours not worked (up to a cap) and there will be a contribution required from employers.
  • Companies do not need to have accessed the previous ‘job retention scheme’ that has been in operation until 31st October, to be able to access the job support scheme.
  • Any employees you wish to enter into the scheme needs to have been on payroll on or before 23rd September 2020.
  • Employees must work at least 33% of their usual hours for the first 3 months of the scheme.
  • Companies are able to claim (in arears) through from December.

Don’t forget there is also the job retention bonus of £1000 per employee retained up to January 2021 and it is hoped that with the new scheme and the job retention bonus, that this will support companies through the winter months.