The extended furlough scheme will be more benevolent towards employers for employers need not mandatorily bear 20% of the burden as they were doing with the furlough grant set to 60%. It has now gone back to 80% from the government for employees on furlough towards the hours not worked. Thus, employers will have only 5% of a burden as the National Insurance Contributions as well as the Work Place Pension amounts will have to be borne by the employer for the hours that are not worked as well.
Extension of Coronavirus Job Retention Scheme
The extended furlough scheme will be more benevolent towards employers for employers need not mandatorily bear 20% of the burden as they were doing with the furlough grant set to 60%. It has now gone back to 80% from the government for employees on furlough towards the hours not worked. Thus, employers will have only 5% of a burden as the National Insurance Contributions as well as the Work Place Pension amounts will have to be borne by the employer for the hours that are not worked as well.
