The Business Bulletin Issue #11 - Focus On Operations & Resources

Page 11

The Business Bulletin

Life after furlough! 2020, not a year that most of us want to remember…..although some have thrived!

It’s no secret that the small and

What does this mean?

medium-sized companies got the

The table below shows the detail. You

biggest hit over the past year with

can obviously find more information

the COVID-19 crisis. It could even be

on the Government website here

considered as the worst crisis to hit

Furlough Scheme Extended

businesses hard in modern history.

and Further Economic Support

There were 3.4 million people still on furlough, according to the latest published figures up to the end of April 2021. That’s a lot of people who

announced (www.gov.uk) Now is the ideal time for you to start to plan your way out of furlough. Whilst this might seem like a

don’t know whether they have a job to

challenge for your business, it could

go back to.

be an opportunity in disguise. You

Rishi Sunak announced an extension of the scheme until the end of September, which provides companies with some level of comfort

may be tempted to go back to how you worked before, but is that the best fit for your business now? The pandemic brought in remote

that they have time to re-build

working for lots of employers that

their business before furlough ends

didn’t have staff working from home

completely. However, companies

previously. Some struggled with

will need to contribute 10% in July,

the sheer technical impact of how

and 20% in August and September

they could facilitate it, especially

towards wages for the hours

with such short notice. Others were

employees cannot work.

already equipped from a technical

Wendy Slater Breedon HR Wendy’s experience spans 30 years of managing people and the last 20 years as a director leading people with responsibility for strategic HR. She has been in your shoes, so she understands the struggle with finding a flexible and approachable solution to your HR management. Breedon was built on this understanding and to put it simply – we are real people who you can rely on 07870 574355 wendy.slater@breedonhr.co.uk breedonhrnorthants.co.uk.

Issue 11 – Operations and Resources | 11


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