Coronavirus: What pay will I receive under the new government 80% of wages scheme?

Things still remain unclear but as it stands at the moment (Saturday) the government scheme to guarantee 80% of wages up to £2,500 will work as follows:

All those who are paid through P.A.Y.E will be eligible under the scheme. So the vast majority of workers will be eligible, including people on zero-hours contracts. The main group excluded, unfortunately, will be the self-employed.

Your income for the month of February will be used to work out your entitlement. So if you are paid monthly you will receive 80% of your months pay for February. If your wages vary from week to week, for example if you are on say a zero-hour contract, you will get 80% of your average income for the month of February.

It is important to remember that this scheme only applies to those temporarily laid off. If your employer decides to make you redundant you will not be eligible under the scheme. It is therefore important to put pressure on your employer to temporarily lay you off rather than make you redundant. The best way to do that is to contact the people you work with and approach your boss collectively.

The other important thing to remember is that the scheme is voluntary, your employer does not have to take part in the scheme. It is important then to contact your employer and again put pressure on them to take up the scheme. Again where ever possible you should do this collectively.

The government plans to refund money to companies who take part in the scheme through a grant issued by HM Customs and Revenues (HMCR) in the next few weeks. In the meantime, your boss can apply for an emergency loan from the government to cover wages if need be. So all thoughs entrepreneurs who constantly go on about how important their staff are to them have no excuses not to pay you.