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For the UK scheme, companies can furlough staff. During this time they can't do any work for that company. The company can pay them anywhere between 80% and 100
by oakesm9 6y ago
For the UK scheme, companies can furlough staff. During this time they can't do any work for that company. The company can pay them anywhere between 80% and 100% of their normal salary and then the government will reemberse the company for the 80%.
That means that furloughed staff can be paid their full salary,but the company is only on the hook for 20% of it.
Anecdotally, smaller companies with few members of staff (who are financially able) are paying 100%, while most large businesses are paying 80%.