New guidance on Government Job Retention Bonus
By DTA | 12th October 2020 | News
Further information has been published today on how businesses can claim the government's Job Retention Bonus,
- the Job Retention Bonus, worth up to £9 billion is set to support millions of employers who have kept on furloughed workers
- the bonus will work alongside newly announced Job Support Scheme and could be worth more than 60% of average wages of workers who have been furloughed - and are kept on until the start of February 2021
- businesses can claim for the Bonus from 15 February until the end of March
The scheme is designed to continue to support jobs through the UK's economic recovery from coronavirus by encouraging and helping employers to retain as many employees who've been on furlough as possible.
New guidance sets out the information employers who have furloughed employees need to know in order to claim the bonus from 15 February until 31 March 2021.
Read more on the government website