This content is restricted to site members. If you are an existing user, please log in. New users may register below.
A fifth of British firms are considering staff redundancies following Sunday’s furlough policy change, which will see employers contribute more, according to a new survey. A British Chamber of Commerce poll of 250 businesses found that 18% of respondents said they were likely to make staff redundant in response to the upcoming changes to the Coronavirus Job Retention Scheme (CJRS), as reported by the BBC. A quarter also said they would aim to reduce hours or move staff to part-time working patterns The Chamber said extra training was needed to deal with thousands of redundancies predicted, as reported by the BBC. What are the changes to furlough? The CJRS was unveiled by Chancellor Rishi Sunak last year to support businesses and prevent job losses when the coronavirus pandemic hit. The scheme guaranteed 80% of a worker’s salary would be paid by the Government. Read more What does HR need to know about the CJRS from today? But ahead of the scheme’s end in September, the state support is gradually decreasing. Since July 1, employers have been asked to contribute ten per cent towards the wages of furloughed workers for hours their staff do not work. From Sunday, Government payments will
