COVID-19 Job Retention Bonus

COVID-19 Job Retention Bonus (CJRB)

The bonus – announced by Chancellor as part of the Plan for Jobs initiative – will see businesses receive a one-off payment of £1,000 for every previously furloughed employee if they are still employed at the end of January next year.

 

31st July 2020

A policy paper is now available providing more information relating to the bonus scheme previously announced by the Chancellor.  The paper includes the following

  1. Scheme overview
  2. Which employees can claim the Job Retention Bonus
  3. Which employees an eligible employer can claim the Job Retention Bonus for
  4. How employees can claim the Job Retention Bonus

To access the policy paper click here

Full guidance is expected to be available in September. 

The scheme in summary

 

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