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Cost of Furloughed UK Employees Reaches £26.5billion

Cost of Furloughed UK Employees Reaches £26.5billion

According to this week’s published HMRC furlough scheme statistics, since its inception the UK’s Coronavirus Job Retention Scheme (CJRS) has received furlough claims from businesses with a combined value of £26.5billion.

  • £26.5billion - value of claims made to 30 June 2020

  • 9.4 million employments placed on furlough

  • 60% of UK employers made a claim under CJRS and 31% of employments have been furloughed

  • 14 million UK employers have made at least one CJRS claim in that period

 

  • employers with 1 to 9 employees represent the largest group of employers furloughing staff - 80% of the total number of employers (912,200 of 1,142,400) making over 2.1billion furloughed employments

 

  • employers with 10 to 19 employees have the highest take-up rate, with 80% employers of this size furloughing at least one employee

East Midlands

The CJRS figures reveal that businesses in the East Midlands claimed a total of 654,600 furloughed employments up until 30 June, which is 7% of the UK total.

Flexible Furlough Scheme

The scheme was introduced by the Government on 1 July and runs to 31 October 2020.

From 1 July 2020, employers have the flexibility to bring furloughed employees back to work part time. Additionally, employers have the flexibility to decide the hours and shift patterns of their employees – with the government continuing to pay 80% of salaries for the hours they do not work during August, 70% in September and 60% in October:

CJRS chart

Read more about the Flexible Furlough Scheme.... 

Read more about the HMRC Statistics.... 

Sejal Patel

Please contact spatel@lawson-west.co.uk Tel: 0116 212 1056, alternatively complete our online web enquiry form here  if you need further support with the CJRS or any employment law advice at this time.

 

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