This is a statutory payment made to employees with one month's service with their employer, who are not provided with work throughout a day during which they would normally be required to work under their contracts of employment.
Payment is limited to a maximum of five days in any period of three months but the entitlement cannot exceed the number of days a week the employee is contracted to work in a normal week. Guaranteed pay is currently £25.90 a day (from 14th February 2016) and this figure is renewed annually.
LRA Information note -No.5 Temporary lay-off and short-time working
Employees Guarantee payment
Employers- Guarantee payment