244
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
PETER ALEXANDER
Part Time - Sales Assistant - Peter Alexander nz - Queenstown
Permanent · QUEENSTOWN
FOOT LOCKER
Sales Associate Casual
Permanent · LOWER HUTT
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Manukau
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Dunedin
Permanent · DUNEDIN
ESSILORLUXOTTICA GROUP
Retail Associate | Opsm Rangiora Eyecare
Permanent · CANTERBURY
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
Published
Apr 2, 2020
Reading time
2 minutes
Download
Download the article
Print
Text size

Almost half of UK firms to put staff on furlough next week

Published
Apr 2, 2020

Some 47% of UK firms are planning to furlough at least half of their workforce in the next week, as lockdown measures continue to take a toll on companies’ finances.


Matalan announced this week that warehouse workers who wish to stop going to work due to coronavirus concerns will be placed on furlough - Matalan


The job retention scheme, announced by the UK government in light of the coronavirus pandemic, enables companies to continue employing people who otherwise have been laid off. The government will cover 80% of their salaries up to a ceiling of £2,500 a month to ensure people whose job has been temporarily suspended can continue to be paid. 

Many firms have already announced plans to use the scheme, including budget clothing retailer Matalan, low-cost airline group EasyJet and newspaper The Evening Standard.

According to a report from the British Chambers of Commerce, the majority of UK firms will face a cash flow crisis due to the coronavirus. Some 18% of the companies surveyed reported less than a month’s worth of cash in reserve, while 44% reported only one to three months’ worth of cash in reserve. Just 6% of firms said they had enough cash to survive the next 12 months.

As a result, 32% of respondents said that they were planning to furlough large swathes of their workforce over the next week, ranging from 75% to 100% of employees. More than a quarter of firms were not due to use the scheme in the next week.

Encouragingly, 61% of firms knew details of the business rates holiday for the retail, hospitality and leisure sector, and while the number of companies actively in receipt of this support was low, this is expected to rise in the coming weeks.

Commenting on the figures, BCC director general Adam Marshall said: “The  coronavirus pandemic has taken a heavy toll on business and economic activity across the UK.

“While businesses have welcomed the unprecedented size and scope of the government support packages, our findings highlight the urgent need for that support to reach businesses on the ground as soon as possible. The majority of firms cannot wait weeks or months for help to arrive.”

Copyright © 2024 FashionNetwork.com All rights reserved.

Tags :
Industry