HomeAbout UsBusinessPersonalNews & ArticlesContactReceived a debt collection letter?Download our 'Income and Expenditure' form here

New £1,000 bonus for retaining furloughed staff

July 21, 2020
Employment Law

Many news stories have been written of late regarding the prospect of a large number of the employees who are currently furloughed from their employment being made redundant over the coming months. In response, the government has introduced one small measure aimed at addressing the problem.

What is the government proposing?

Rishi Sunak has acknowledged that the government cannot save everyone's job and that large-scale redundancies are almost inevitable. Nevertheless, he has recently announced that for each furloughed worker who is retained in their current employment until at least 31 January 2021, the employer will receive a one-off bonus payment of £1,000. It is worth nothing that this bonus applies to most (but not all) workers currently furloughed by their employers.

This is a small gesture, but it is nevertheless a welcome one. It may just be enough to encourage some businesses to think that little bit more carefully before cutting their headcount quite as deeply and quite as quickly.

If you would like to read more about the scheme, here is a link to a recent BBC article:


Share this article

Have you read our other blogs?

Domestic abuse and non-molestation Injunctions

Read More

SSP and family-friendly payment rates are on the rise

January 16, 2023
Employment Law
Read More
View all Articles

Stay up to date with stevensdrake

Simply fill out your details below to receive stevensdrake's monthly newsletter, including regular topical articles, tips and upcoming events.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.