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£1k job retention scheme bonus for employers

Employers who retain staff for three months after the furlough scheme ends will receive £1,000 government ‘bonus’ for each employee, the bonus is to incentivise employers who continue to employ their furloughed employees through to the end of January 2021. The bonus will be a one-off payment of £1,000 payable to UK employers for every furloughed employee who remains continuously employed through to 31st January 2021. The bonus payments will be made from February 2021.

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