In recognition of the challenging times ahead, the Chancellor has announced that the JSS, which opens on 1 November, will be amended to reduce the employer contribution to hours which are unworked by employees to just 5% (reduced from the 33% originally announced). This means that an employee being paid £587 for unworked hours, would receive £543 from government contributions and only £44 from their employer. Today’s announcement will also benefit those working only one day a week, with minimum working hour requirements reduced to 20%.
Employers will continue to receive the £1,000 Job Retention Bonus and the Job Support Scheme for businesses legally required to close remains unchanged.
Elizabeth Judson, senior associate commented: “This is really positive news for businesses. Times have been exceptionally challenging, and businesses have had to make tricky decisions. This announcement will help retain important jobs and make a difference to businesses across the United Kingdom, particularly those in the North West and Wales where restrictions in some areas are tighter than elsewhere.”