During the COVID-19 pandemic, the Government has been supporting businesses through the Coronavirus Job Retention Scheme for employees who have been on furlough or partial furlough for the last 19 months. This support will end on Thursday, 30th September 2021.
Many businesses dealing with this loss of support and increases in National Insurance beginning in April 2022 will face difficult decisions on future staffing requirements. There are a number of options that a business can consider while the economy continues to recover:
- Redundancies;
- Reduced hours and job sharing;
- Flexible working patterns.
- In the coming period, each business will face its own challenges and shall require planning advice and HR support to meet business objectives and comply with regulations. As always, TC is on hand to offer the guidance you need.
If you would like HR support, please contact our Head of HR, Wendy McGarvey. For business planning advice, please get in touch with your local TC Partner.