Job Support Scheme Update
The Job Support Scheme terms are updated as follows;
- Employers can claim for employees who are working a minimum of 20% of their usual weekly/monthly hours.
- If the employee is working 20% of their usual hours, the Government will pick up the tab for 61.67%, and the employer must pay 5% along with any deductions/pension contributions.
First Example of Gross Pay Breakdown
- If employee A would usually be paid 100 hours per month @ £10 per hour, but in November only works for 45 of these hours (45%), they would qualify, and the breakdown of their pay would be as follows;
- Paid for Employer for work carried out - £450
- Remaining Salary which would normally remain unpaid - £550
- Government Pay - 61.67% - £339.18
- Employer Contribution - 5% - £27.49
- Total Pay to Employee - £816.67
Second example of Gross Pay Breakdown
- If you are on the standard Directors salary of £750, working the minimum of 20 percent, your Job Support Claim would look something like this;
- Paid work @ 20% of usual salary - £150
- Remaining Salary which would normally remain unpaid - £600
- Government Pay - 61.67% - £370.02
- Employer Contribution - 5% - £30
- Total Pay to Director - £550.02 (Minimum payment of £520 required for Furlough bonus payment)