Government has unveiled new laws !!
From today (Friday 31 July) new laws to ensure furloughed employees who are made redundant receive redundancy pay based on their normal wage rather than a reduced furlough rate. The new rules apply to basic statutory redundancy pay entitlements, and do not impact any enhanced redundancy pay arrangements specified in individual employees’ employment contracts.
Business Secretary Alok Sharma said the new laws will ensure furloughed employees are “not short-changed” and are paid their full redundancy pay entitlement.