22 March 2021
Figures issued today
by the Government of Jersey shows that at its peak, around one-third of Jersey’s workforce benefitted from the £81 million paid through the Co-Funded Payroll Schemes (CFPS) between and March and August 2020.
Phase 1 of the CFPS
was launched for those businesses which had been severely affected by the public health restrictions introduced in March 2020. Phase 2 of the scheme
, for claims from April to August 2020, supported local businesses and the self-employed most affected by the Stay at Home instruction.
, published by the Minister for Treasury and Resources, Deputy Susie Pinel, demonstrate that:
The Minister for Treasury and Resources, Deputy Susie Pinel, said: “This data demonstrates the scale of the challenges that businesses and employees faced because of the COVID-19 pandemic.
“We acted swiftly to put the first Co-Funded Payroll Scheme in place, to provide a lifeline to workers and businesses as the pandemic took hold. We also updated and broadened the second phase of the scheme as the pandemic continued to affect employees.
“When we launched the schemes, we also undertook to be transparent in reporting on the support we provided, and that is why we are making this information public.”
The Minister for Economic Development, Tourism, Sport and Culture, Senator Lyndon Farnham, said: “The Co-funded Payroll Scheme has been at the centre of our package of business support measures from the beginning of the pandemic and has proved essential in protecting the jobs and livelihoods of thousands of islanders throughout this period.
“The current business support schemes are under constant review and we will ensure that we continue to protect jobs and support businesses as long as necessary.”