Article preview: Employers counting on the promised £1,000 furlough bonus payment in the New Year need to be aware of a new condition. The bonus payment is designed to encourage employers to rehire furloughed staff when the Coronavirus Jobs Retention Scheme ends in October. By incentivising businesses to bringing staff back into the workforce, the government hopes to stave off the worst of mass unemployment fears.
Furlough bonus rules have changed
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This 305-word blog post describes a change to the conditions attached to the £1,000 furlough bonus due to be paid to employers in January 2021. Written on 3rd August 2020.
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