January 21, 2021
Furlough scheme should be extended ahead of the Budget, says CIPD
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…)







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