From July, employees will still continue to receive 80% of their salary for hours unworked, but the Coronavirus Job Retention Scheme grants will cover 70% of employees’ usual wages for the hours not worked, up to a cap of £2,187.50, the employer will be responsible for the difference between this and the Coronavirus Job Retention Scheme grants (10%) employers must also continue to pay the associated Employer National Insurance contributions and pension contributions on subsidised furlough pay from their own funds.
The next change will be in August, where again employees will still continue to receive 80% of their salary for hours unworked, but the Coronavirus Job Retention Scheme grants will cover 60% of employees’ usual wages up to a cap of £1,875, the employer will be responsible for the difference between this and the Coronavirus Job Retention Scheme grants (20%) employers must also continue to pay the associated Employer National Insurance contributions and pension contributions on subsidised furlough pay from their own funds.
The UK Government will continue to pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month, up to the end of this month (June 2021).