A policy statement published by the HMRC gives employers further details on eligibility requirements and how they can claim the bonus. Under the terms:
- employers will receive a one-off payment of £1,000 for every employee who has previously been furloughed under the Coronavirus Job Retention Scheme (CJRS) – if they remain continuously employed to the end of January 2021
- to ensure the jobs are meaningful well-paid, employees must earn at least £520 (the National Insurance lower earnings limit) a month on average between the beginning of November and the end of January
- those who were furloughed and had a claim submitted for them after the 10 June (when the CJRS closed to new entrants), because they were returning from paternal leave or time serving as a military reservist will also be eligible for the bonus as long as they meet the other eligibility criteria
- employers will also be eligible for employee transfers protected under TUPE legislation, provided they have been continuously employed and meet the other eligibility criteria and the new employer has also submitted a CJRS claim for that employee
Further information on eligibility and when you can claim can be found on gov.uk by searching 'Job Retention Bonus Guidance' and further guidance on the claim process will be published by the end of January 2021.