New analysis by the Institute for Employment Studies has found that low paid workers are more than twice as likely to have lost their jobs during the pandemic and are at far greater risk of being temporarily laid off or having their hours cut. The research, funded by Standard Life Foundation, concludes that in this current lockdown it is likely that around two thirds of low paid workers – or four million people – are either temporarily laid off or working fewer hours than normal. This would be double the rate of work disruption for staff who are not classified as low paid. (more…)

With six weeks still to go until the Chancellor’s Budget, the CIPD is urging the Government to act early to extend the furlough scheme to protect jobs, support incomes and enhance skills development. Its calls are outlined in a report called The Future of Furlough – Recommendations for now and for any future wage subsidy. In order to support smaller firms who don’t pay an apprenticeship levy, the CIPD is also recommending the creation of a furlough scheme training fund of up to £100 million, which would be funded from levy-paying firms’ expired levy funds that would otherwise go to HM Treasury. The CIPD estimates that this could pay for training or outplacement skills development support for nearly 160,000 workers in small firms. (more…)