Anderson Strathearn have created a very helpful overview of the recent updates to the Government’s Job Support Scheme. It covers key questions you may have and what you need to know, helping to demystify what can be a confusing process. You can view the full article by clicking the button at the end of this article.
Below is an extract from the piece:
The Job Support Scheme
14 October 2020
By Mandy Young
Associate at Anderson Strathearn
In this insight, we’ve answered the key questions you may have following the UK Government’s announcement of the new Job Support Scheme (JSS).
This new scheme is part of the ‘Winter Economy Plan’, to help support jobs and the economy over the coming months as many organisations, facing the end of the Furlough scheme, are looking to adapt their workforce. Announced by Chancellor of the Exchequer Rishi Sunak on 24th September 2020, this new scheme is designed to help employers who continue to face difficulties due to the Covid-19 pandemic, especially small to medium sized businesses (SMEs).
We’ll continue to update this page as further developments are announced…
What you need to know about the JSS
In the latest guidance published on 22 October 2020, the Government has significantly expanded the JSS, reducing the amount of hours which employees will be required to work, increasing the Government contribution and providing support for businesses which are required to close.