Crisis | Employers set to face a 'holiday headache'

Employers set to face a 'holiday headache'
Employers set to face a 'holiday headache'

Recent statistics have found that more than seven in ten UK firms have furloughed staff, according to a British Chambers of Commerce survey, with its Business Impact Tracker finding that 71% have made the decision to furlough employees – which is up from 66% last week.

Under Chancellor of the Exchequer Rishi Sunak’s Coronavirus Job Retention Scheme, firms can claim up to 80% of staff wages to a maximum of £2,500 in order to prevent layoffs and keep businesses financially afloat.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.