Half of businesses with furloughed workers expect to cut staff when scheme ends

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Almost half of businesses with furloughed workers expect to cut some staff when scheme ends

⚠️ Read ourAlmost half of businesses with furloughed workers expect to cut some staff when the scheme endswhen they have to pay national insurance and pension contributions for furloughed workers.

In October, businesses will have to pay 20 per cent of salaries, plus NI and pension contributions. At the end of October the scheme will end. Medium-sized businesses with between 50 and 249 employees are most at risk, with 65 per cent of them saying they'll have to cut jobs.EVEN though furlough is designed to keep workers employed, unfortunately it doesn't protect you from being made redundant.Your employer should still carry out a fair redundancy process.

How much you're entitled to depends on your age and length of service, although this is capped at 20 years. You'll get:One week’s pay for each full year you were 22 or older, but under 41,Sadly, you won't be entitled to a payout if you've been working for your employer for fewer than two years.

 

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