How many individuals are set to lose their jobs as the UK’s Furlough plan enters its last month of operation? Many people were not anticipating it. The plan has provided a lifeline to millions of people and will continue until September, although the employer contribution has increased to 20% as of today. With an estimated 2.4 million individuals still dependent on the programme and over £40 billion in claims, this will undoubtedly be the final chapter with no further extension. However, we are here to provide you with all the solutions to any of your questions and concerns.
WHAT WILL HAPPEN TO ME IF I AM ON FURLOUGH?
The scheme will continue up to the 30th of September, as the economy improves, the government anticipates that most Furloughed employees will be able to return to work. If the programme is not renewed, companies will have to decide whether to reinstate Furloughed employees or lay them off. The programme is available throughout the United Kingdom. Furloughing does not impact your right to sick pay, annual leave, maternity leave, or redundancy pay.
WILL THE FURLOUGH BE EXTENDED?
Furlough has already been extended four times, generating great consternation. One of the reasons it was extended until September 30 – well past the projected conclusion of the shutdown – was to provide companies with assurance and avoid the necessity for yet another extension. Boris Johnson and Chancellor Rishi Sunak have recently stated that they do not wish to prolong vacation any further. However, if the data changes and a major new wave of illnesses lead to more limitations, the government will face significant pressure to rethink.
WILL THE UNEMPLOYMENT RISE AFTER THE FURLOUGH ENDS?
Some employers that have employees on Furlough may discover that they cannot afford to keep them on. International travel, as well as other companies that rely on it, is still severely affected. Some Furloughed employees in these regions may be laid off.
CAN I BE MADE REDUNDANT WHILE ON FURLOUGH?
Yes, even if you are on Furlough, your employer has the authority to fire you. An employee gets laid off because their employer is closing or because the firm no longer requires that job to function. It differs from getting fired in that it has nothing to do with the quality of your job. For example, you might be dismissed without pay if you are unable to perform effectively, have a bad attitude, or do not attend enough meetings.
If you’re currently Furloughed it might be a good time to start considering your options for a new role, as come September, we fear there will be a significant increase in people needing to find new employment. Get ahead of the crowd and get in touch with the iSupply Group, with vacancies all over the UK we can help you find your dream job.