It would seem that both the Government and employers need to try and work with one another in an attempt to support business resilience while also trying to protect people's incomes and their jobs. The CIPD has written to the treasury of the UK and they have called for far more drastic action if they want to try and protect jobs and even ensure that the working people are given enough so that they can cover their basic living costs. This needs to be done for the duration of the Covid-19 crisis. A letter has been penned to the Chancellor, and the professional body have stated that they want to try and minimise redundancies while also ensuring a sustainable income for those who are self-employed. This would especially benefit those who work in labour recruitment or even those who are currently looking for labour jobs.

CIPD Proposed Wage

The CIPD's wage subsidy is going to be based on other successful schemes that operated in various other countries during the 2008 financial crisis. It would benefit over 300,000 workers and it would cost around £1.7 billion. It would however give employers the support that they need for a period of three months. This could actually be extended if it came to it. This would provide employers and employees with the support they need to carry on with life as normal. The CIPD has recommended 60% gross pay but this would increase to 100% when you look at the sectors which have been hit the most. This is especially the case when you look at the hospitality industry, transport industry and even leisure too. If you are not eligible for the fund then you should know that the CIPD have also announced a guaranteed pay, which means that you will be placed on short-term support.