Changes to Furlough and Bonus Retention scheme.
Many employers had relied on receiving retention bonus payments in February and had budgeted on that basis. This scheme has now been pulled.
Extension and changes to the furlough scheme whilst welcome will have come too late for some employers/employees.
Read David’s comments on the changes and the impact for employers in People Management.
Posted on Friday 6th November 2020
This article/blog is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.