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News & Blog

Read the latest business news, blogs and thought leadership articles from our members, as well as updates on the Edinburgh Chamber of Commerce's work in the city.

News & Blog

The Job Retention Bonus

Posted: 17th July 2020

Following the Summer Statement from Chancellor of Exchequer, Rishi Sunak, and the announcement of the Job Retention Bonus to incentivise employers to retain furloughed workers, we’ve updated our Job Retention Scheme article:

  • The Job Retention Bonus – the bonus payments will be made from February 2021. Find out if your business qualifies and how this fits with your employment and HR requirements through Furlough
  • Contributions from employers from the 1 August – We’ve reviewed the key dates so you know what your required to pay and when
  • Flexible Furlough and annual leave – we’ve added in some useful information for employers on how to treat annual leave and what to lookout for

Sunak  has announced a raft of measures to provide a boost to businesses recovering from the economic storm caused by the Coronavirus pandemic, and to help begin to rebuild UK businesses across all sectors.

We’re here to help you with what you need to know. Helping to build business resilience is important, as you adapt to early Phase 3 and plan the workforce you need for the recovery of your business. If you need advice now on employment and HR please call Andrew Brown on 0131 270 7938.

Read our Job Retention Scheme updates here

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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