The coronavirus outbreak has put the UK economy under immense strain, with businesses across the country shutting down to prevent the spread.
After discussions with trade unions, the government is to plough billions of pounds into a furlough scheme that will see the taxpayer give businesses 80 per cent of the wages of those employees who are temporarily laid off. (The TUC believe that Employers can, and should where they can afford it, top up wages to 100 per cent.)
This should stop those business suffering a drop-off from making workers permanently redundant. It will ensure that more workers have enough money to cover their bills and leave businesses well-placed to ramp up activity once demand picks up again.
But while measures to protect jobs are welcome, it’s important that employers follow the rules when sending staff on furlough.
And if you’re one of the workers who’ve been asked to go on furlough, click on the link below to make sure you know your rights.
Posted: 3rd April 2020