Job Retention Bonus

There is a one-off payment available to UK employers that have used the Coronavirus Job Retention Scheme for each furloughed employee who remains continuously employed until 31 January 2021 as a means of providing additional support to retain workers.

UK employers will be able to claim the Job Retention Bonus for any employees that were eligible for the CJRS and they have claimed a grant for. Eligible employees must earn at least £520 a month on average between 1 November 2020 and 31 January 2021. Employers will be able to claim the Bonus after they have filed PAYE for January and payments will be made to employers from February 2021.

Employers can make a claim the for all employees who meet the above criteria, including office holders, company directors and agency workers, including those employed by umbrella companies.

Those who were furloughed and had a claim submitted for them after the 10 June (when the CJRS closed to new entrants), because they were returning from paternal leave or time serving as a military reservist, will also be eligible, as long as they meet the other eligibility criteria.

Further details on the JRB can be found here, and full guidance will be published in September 2020.

From February 2021, employers will be able to claim the Job Retention Bonus through the GOV.UK website. More detail about this process will be published in guidance by the end of September 2020.

Funder: 
HM Treasury