Time to furlough? How employers can get it right - News Summed Up

Time to furlough? How employers can get it right


From The Grapes of Wrath to Death of a Salesman, the story of the individual struggling for survival amid economic catastrophe has provided some of literature’s most searing tragedies. That explains the emotional resonance of the unprecedented steps taken by the government to guarantee the wages of the British workforce during the current crisis: preventing mass unemployment, securing livelihoods and giving the country its best chance of bouncing back when this is over. The Coronavirus Job Retention Scheme will be backdated to March 1, in place for an initial three months and open to all UK employers that had a PAYE scheme in place on February 28. The eligible employee must also have been on the payroll by this date. Furlough must be taken


Source: The Times March 30, 2020 23:26 UTC



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