RISHI Sunak’s updated Job Support Scheme means employees could work one day a week and earn up to 73% of their wages. The Chancellor announced yesterday, in an update to the scheme, that employees can now work for a minimum of 20% of their contracted hours part-time and still qualify for help. The previous furlough scheme replacement announced in September meant workers could get up to two-thirds of wages paid for hours they can’t work due to coronavirus. Employees on the scheme would have needed to have worked a minimum of 33% of their hours to be eligible, and businesses must contribute a third of wages. Rishi Sunak hopes the Job Support Scheme will reduce the millions of job losses expected when the furlough scheme ends. ⚠️ Read our coronavirus live blog for the latest news & updates In the updated scheme, the government will pay 61.67% of employee wages while businesses will pay just 5% for hours they don’t work. Employees will still be able to get full pay for hours they do work. Previously, for hours not worked employers were required to pay 33%, the government would cover 33%, with workers losing out on 33% of pay. The… Read full this story
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