The Chancellor today has announced that, provided an employee who has previously been furloughed remains in employment until 31 January 2021 and earns no less than £520 per month in the period from November to January, the Government will make a bonus payment of £1,000 per employee to their employer at the end of January.
We are awaiting more detail but it would appear that the bonus payment will be available for every employee who has spent any time on furlough from the introduction of the scheme in March through to the end of October.
Related News, Insights & Events
The evolving nature of risk: Lessons in corporate resilience
27/08/2025
The concept of risk and reward is as old as time itself.
Summary of Employment Rights Bill implementation
19/08/2025
Focussing on the four key areas of the Employment Rights Bill
A guide to the ECCTA ID verification process
31/07/2025
A step-by-step guide to verify your identity online to comply with the identity verification (IDV) regime introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCTA).
