Coronavirus and Furlough – What’s Next?
Redundancy Deadlines | May & June Updates
As you may now be aware the government announced on 12th May 2020 a further extension to the Coronavirus Job Retention Scheme (CJRS). Originally due to end on 30th June 2020, the scheme in its current form has now been extended to 31st July 2020 and it will now close on the 31 October 2020.
On the 12th June, the Chancellor confirmed details of a new flexible furlough scheme, where from the 1 July, employees on furlough will be able to carry out work part time with the employer who furloughed them. Employers will also be asked to share the cost of the scheme from August, which you can find in our update Coronavirus: What’s next? Flexible Furlough.
Several businesses are concerned that even with the furlough options they may still not have sufficient work to allow everyone back at work. There are several other options available to you at this point: including lay off, short time working and redundancy of some or all of your staff.