The Furlough Scheme – What’s Changing In September?
Last updated 26th August
As you probably know, the furlough scheme is staying in place until the end of October. But there will be a few changes between now and then. And with so many announcements coming out all the time, it can be difficult to keep up. So we’ve put together the main things you need to know.
From September, your employer will have to start contributing to your salary:
- In September the government will pay 70% of your salary, up to a maximum of £2190.
- In October they will pay 60%, up to a maximum of £1875.
- Your employer will have to top up the rest, to at least £2500 or 80% of your total salary, whichever is lower.
- As is the case now, your employer will have the option to top up your pay to £100 if they are able to do so.
This means you should continue to be paid the same as you have during the furlough scheme so far. So in theory, the changes to furlough shouldn’t affect you.
However, if your employer finds it financially difficult to pay some or all of your salary, your job could be at risk. If you’re concerned that you might be made laid off, have a look at our blog about redundancy. One bit of good news is that the government has now brought in a new law to ensure that statutory redundancy pay has to be based on your full wage, not the lower rate of furlough pay.
Don’t forget – if your financial circumstances change in any way, we can help. Just let us know as soon as you can.