After being the first to release a Furlough (CJRS) Claim report back in April, I’m pleased to say we now have an updated report to take into account the changes between now and October.
The employee details page now lets you state that an employee is partially furloughed and to enter the required information about hours worked.
The report calculations now take into account the reducing maximum claim (from £2,500 to £2187.50 and to £1875) and reducing percentages (80%, 70%, 60%) as well as the removal of your ability to claim NI and Pension contributions.
As many of you have pay periods that overlap the start of the month, this has also been taken into consideration. A pro-rata amount of the values is taken from each relevant month.
If you have any feedback at all on the report then please do let us know.
If your labour turnover rate is high, it’s a red flag that can indicate an unhappy workforce. This means tracking your labour turnover rate can be essential to your business’ wellbeing. But it doesn’t stop there. You need to understand the why behind your labour turnover rate; you must get effective feedback as well as […]
Pension funds in the UK are in the trillions. With government regulations constantly updating to ensure this money is invested in the Paris Agreement-aligned green investment strategies, read more on how pensions and climate change are working together.