Businesses will soon have to pay between 20 and 30 per cent of furloughed workers' wages, it has been reported.
Chancellor Rishi Sunak has already said the furlough scheme will be in place until at least October. Companies to be asked to 'start sharing' the cost from August.
The Times reports that the Treasury has now devised a scheme which would see employers cover between 20 and 30pc of a worker's wage.
The plans would also see firms paying National Insurance contributions, approximately 5pc of a person's paycheck.
Under the Coronavirus Job Retention Scheme, the government is paying up to 80pc of furloughed workers' wages, with a £2,500 monthly cap.
The scheme currently supports around 7.5 million jobs, at a cost of around £8bn.
Earlier this month, Mr Sunak said he was preparing to 'wean' workers and business off the programme amid concerns the nation was becoming 'addicted' to it.
He extended the scheme by four months, until the end of October, and said changes will be made 'to support the transition back to work'.
Full details are expected to be announced in the coming days.
The Chancellor has warned the UK is 'likely to face a severe recession, the likes of which we haven’t seen'.
