1/ The Job Support Scheme will directly support the wages of people in work, giving businesses who face depressed winter demand the option of keeping employees in a job on shorter hours rather than making them redundant.
2/ The scheme will support viable jobs so 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 𝐦𝐮𝐬𝐭 𝐛𝐞 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐚𝐭 𝐥𝐞𝐚𝐬𝐭 𝐚 𝐭𝐡𝐢𝐫𝐝 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐧𝐨𝐫𝐦𝐚𝐥 𝐡𝐨𝐮𝐫𝐬 and be paid for that work, as normal, by their employer.
3/ The government, together with employers, will increase those people’s wages 𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠 𝟐/𝟑 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐚𝐲 𝐭𝐡𝐞𝐲 𝐡𝐚𝐯𝐞 𝐥𝐨𝐬𝐭 by reducing their working hours.
The employee will keep their job. Anyone who as of yesterday is employed is eligible.
4/ Running November to April, all small & medium sized businesses are eligible to apply. But larger businesses only when their turnover has fallen.
Businesses are eligible 𝐞𝐯𝐞𝐧 𝐢𝐟 𝐭𝐡𝐞𝐲 𝐡𝐚𝐯𝐞 𝐧𝐨𝐭 𝐩𝐫𝐞𝐯𝐢𝐨𝐮𝐬𝐥𝐲 𝐮𝐬𝐞𝐝 𝐭𝐡𝐞 𝐟𝐮𝐫𝐥𝐨𝐮𝐠𝐡 𝐬𝐜𝐡𝐞𝐦𝐞.
5/ Employers retaining furloughed staff on shorter hours can claim both the Jobs Support Scheme and the Jobs Retention Bonus.
This significantly 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐬 𝐭𝐡𝐞 𝐢𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 𝐭𝐨 𝐛𝐫𝐢𝐧𝐠 𝐛𝐚𝐜𝐤 𝐩𝐫𝐞𝐯𝐢𝐨𝐮𝐬𝐥𝐲-𝐟𝐮𝐫𝐥𝐨𝐮𝐠𝐡𝐞𝐝 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬.
6/ Read more details on the Winter Economy Plan webpage: gov.uk/government/top…
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.