Universal Credit payments can alter from month to month if the claimant’s circumstances continuingly change. This can include how often the claimant receives income from employment and this will need to be factored in for many in the coming months.
Thérèse Coffey, the Secretary of State for Work and Pensions, commented on the new plan: “JETS will give recently unemployed people the helping hand they need to get back into work, boosting the prospects of more than a quarter of a million people across Britain.
“We have provided unprecedented support for jobs during the pandemic, including through furlough and subsidising the incomes of the self-employed, doing all we can to protect peoples’ livelihoods – but sadly not every job can be saved.
“This scheme will help those left out of work as a result of Covid-19, and is one strand of our wider Plan for Jobs which will also support young people onto the jobs ladder through Kickstart, offer the training needed to pivot into new roles through our Sector Based Work Academy Programme and prepare people for getting back into work.”
Rishi Sunak also welcomed the announcement, albeit, with an element of caution: “Our unprecedented support has protected millions of livelihoods and businesses since the start of the pandemic, but I’ve always been clear that we can’t save every job.
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“I’ve spoken about the damaging effects of being out of work, but through JETS we will provide fresh opportunities to those that have sadly lost their jobs, to ensure that nobody is left without hope”
So long as the scheme works, thousands of Universal Credit claimants may soon find themselves back in the workforce and while this is undoubtedly good news, it should be remembered that Universal Credit payments themselves will likely be impacted going forward.
So long as a person is paid once a month on the same date and nothings changed with their earnings, the Universal Credit amount they’re receiving should not be altered.
However, if a person receives more than one set of wages during assessment periods (which may be likely for those doing shift work) their earnings could push them over the allowable limits and reduce their payments.
If earnings from an employer come through every two weeks, twice a year a Universal Claimant will get three sets of wages in one assessment period.
Weekly wages will result in claimants receiving five sets of wages in one assessment period four times a year.
Employed Universal Credit claimants will see their payments gradually reduce the more they earn.
For every £1 earned, Universal Credit payments will reduce by 63p.