UK Government’s New Guidance on Job Retention Bonus Related to CJRS
By EsqSocial Corporation 19/10/20
As part of its Plan for Jobs 2020, the UK Government announced in July 2020 that it would pay a bonus to employers that brought furloughed employees back to work and kept such employees continuously employed until 31 January 2021. Further guidance has now been published, in addition to a Treasury Direction, which states that the Job Retention Bonus is intended to “enhance and consolidate” the purpose of the Coronavirus Job Retention Scheme (CJRS), which is to preserve the jobs of furloughed...
By: Ogletree, Deakins, Nash, Smoak & Stewart,