Check if you can claim for the Job Retention Bonus
October 8, 2020
New guidance on £9 billion Job Retention Bonus, set to benefit millions of businesses.
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.
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.
Employers will still be able to claim even if they are receiving support from the recently announced Job Support Scheme, which will protect jobs in businesses facing lower demand over the winter months due to coronavirus.
You are now able to check if you can claim for the Job Retention Bonus. You will be able to claim it between 15 February 2021 and 31 March 2021.
To find out if you’re eligible & what you need to do to claim it CLICK HERE