Here to Help – understanding the Job Retention Scheme

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By Stephanie Coward

Managing Director, HCM

More than 70% of businesses have furloughed employees in response to the Coronavirus pandemic. Now, to avoid furloughing becoming a “waiting room for redundancy”, many are urging the Government to extend the Job Retention Scheme until at least the end of September.

By offering financial support from the government, the Job Retention Scheme aims to support businesses furlough employees instead of making them redundant. But, the guidelines and process to access the financial support has been continually developing ever since the scheme was first announced.

Ever evolving guidance, processes and calculations have caused what should be a helpful support scheme to become complicated, uncertain and time consuming for SMEs to keep up with.

That’s why we’ve launched a new service to help.

Through our new furlough assistance scheme, our consultants and trainers, who have already helped over 300 customers with furlough calculations, can help you understand the latest guidance from HMRC and GOV.UK and how your HR system can help.

Using the HMRC Coronavirus Job Retention Scheme Portal, we can help you pursue your claims.

Contact our expert team on 0344 815 5554 to find out more.

You can also explore our Job Retention Scheme FAQs on our parent company’s website, IRIS Software Group.

Stephanie Coward

Managing Director, HCM

Stephanie Coward is Managing Director for HCM at IRIS, where she leads the strategy, innovation and growth of the organisation’s HR and payroll portfolio. She is responsible for positioning IRIS as a trusted partner to HR professionals and ensuring its solutions support the evolving needs of modern workforces.

With more than 25 years’ experience in the technology sector, Stephanie brings deep commercial and operational expertise, with a passion for improving the employee experience through technology.

Stephanie is committed to advancing IRIS’ HCM offering and helping organisations build more resilient, empowered workforces.