Extending the Coronavirus Job Retention Scheme to short-time workers

Document type
Briefing
Author(s)
Adam, Stuart
Publisher
Institute for Fiscal Studies
Date of publication
26 May 2020
Series
IFS Briefing Note; BN291
Subject(s)
Employment, Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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The Coronavirus Job Retention Scheme (CJRS) covers 80% of employees’ usual salaries, up to a cap of £2,500 a month, while they are furloughed. From August it will also provide support for employees who return from furlough but work reduced hours. This Briefing Note considers the implications of that change and how it might work.

 

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