Furlough worries grow as Citizens Advice warns of a ‘bleak winter’ of redundancies | Personal Finance | Finance
Furlough plans will need to be altered as the end of October rolls around. From November 1, employers and employees who still need support will need to apply for the newly announced Job Support Scheme, which is designed to protect viable jobs in businesses who are facing lower demand over the winter months.
Dame Gillian Guy, the Chief Executive of Citizens Advice, commented on the furlough scheme ending, noting her belief that the temporary uplift to Universal Credit payments should be made permanent to ease worries: “The furlough scheme has been an extraordinary intervention, but as it draws to a close we could face a bleak winter of redundancies.
“The Chancellor has acknowledged that the new Job Support Scheme won’t protect every job.
“While people look for work it’s critical our benefits system provides a strong enough safety net.
“Making the £20 uplift to Universal Credit permanent would provide some much-needed security as we weather this storm.”
Staff who are made redundant will normally be entitled to statutory redundancy pay if they’re an official employee and they’ve been working for their current employer for two years or more.
They’ll receive half a week’s pay for each full year they were under 22.
This will increase to one week’s pay for each full year they were aged between 22 and 41.
One and a half week’s pay for each full year will be given for when they were 41 or older.