4 August 2020
The Chancellor of the Exchequer, Rishi Sunak, released his ‘Plan for Jobs’ on 8 July 2020 to set out how the Government will support economic recovery in the UK. One of the elements included was a new Job Retention Bonus (JRB) to provide additional support to employers who keep on their furloughed employees in meaningful employment, after the Government’s Coronavirus Job Retention Scheme ends on 31 October 2020. These FAQs are written based on the guidance published by the Government on 31 July 2020. More information is set to be released in September 2020.