Coronavirus Job Retention Scheme

E145329

The Coronavirus Job Retention Scheme was a UK government furlough program introduced during the COVID-19 pandemic to subsidize employee wages and prevent mass unemployment.

All labels observed (5)

How this entity was disambiguated

Statements (56)

Predicate Object
instanceOf COVID-19 pandemic response measure
furlough scheme
government economic support program
administeredBy HM Revenue and Customs
allowed flexible furlough
alsoKnownAs CJRS
UK furlough scheme
announcedBy Rishi Sunak
announcedByOffice Chancellor of the Exchequer
announcedOn 2020-03-20
appliesTo UK employers
employees on PAYE payroll
condition employees could not do work for their employer during full furlough hours
country United Kingdom
covers gross salary up to a monthly cap
criticizedFor cost to public finances
potential to support non-viable jobs
eligibilityCutoffDateChangedOn 2020-06-30
endDate 2021-09-30
excludes dividends
self-employed workers
extendedOn 2020-05-12
2020-11-05
2021-03-03
firstClaimsOpenDate 2020-04-20
flexibleFurloughDescription employees could work part-time and be furloughed for the remaining hours
flexibleFurloughIntroducedOn 2020-07-01
fundingSource UK central government
linked to: UK government
impact reduced immediate unemployment during COVID-19 lockdowns
implementedBy HM Treasury
UK Government
linked to: UK government
initialWageSupportCapPerMonth 2500 GBP
initialWageSupportRate 80 percent of usual wages
introducedDuring COVID-19 pandemic
laterGovernmentContributionRate 60 percent of wages
70 percent of wages
legalBasis Coronavirus Act 2020
maximumGovernmentContributionRate 80 percent of wages
mechanism government pays a percentage of usual wages for furloughed employees
peakMonthlyCostEstimate around 14 billion GBP
peakNumberOfJobsSupported around 9 million jobs
policyArea fiscal policy
labour market policy
praisedFor protecting jobs during lockdowns
purpose to prevent mass unemployment
to subsidize employee wages
to support businesses affected by COVID-19 restrictions
relatedProgram Business rates relief in response to COVID-19
Kickstart Scheme
Self-Employment Income Support Scheme
requiredStatus employees designated as furloughed
sectorCoverage charities
private sector
public sector in limited cases
startDate 2020-03-01
totalCostEstimate tens of billions of GBP

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Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Rishi Sunak notablePolicy Coronavirus Job Retention Scheme
Rishi Sunak notableWork Coronavirus Job Retention Scheme
subject linked to: Sunak
Eat Out to Help Out scheme partOf UK economic response to the COVID-19 pandemic
linked to: Coronavirus Job Retention Scheme
Coronavirus Job Retention Scheme alsoKnownAs CJRS
linked to: Coronavirus Job Retention Scheme
Coronavirus Job Retention Scheme alsoKnownAs UK furlough scheme
linked to: Coronavirus Job Retention Scheme
Rishi Sunak implementedPolicy UK Coronavirus Job Retention Scheme (furlough scheme)
subject linked to: Rishi
linked to: Coronavirus Job Retention Scheme