Changes to Job Support Scheme
Chancellor Rishi Sunak has today (22/10/20) announced amendments to the Job Support Scheme (JSS), which is due to begin on 1 November 2020.
When originally announced, the Job Support Scheme saw employers paying a third of their employees’ wages for hours not worked, and required employers to be working 33% of their normal hours.
Today’s announcement reduces the employer contribution to those unworked hours to just 5%, and reduces the minimum hours requirements to 20%.
Employers will continue to receive the £1,000 Job Retention Bonus. The Job Support Scheme Closed for businesses legally required to close remains unchanged.
Here is a link to the latest government fact sheet: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/928761/JSS_Open_factsheet.pdf