The Coronavirus Job Retention Scheme – Guidance for Businesses with Employees in the UK

The Coronavirus Job Retention Scheme – Guidance for Businesses with Employees in the UK

March 27, 2020, Covington Alert

On Friday 20 March, the UK Government announced various support measures for UK businesses. One of these was the Coronavirus Job Retention Scheme (the “Scheme”), which it is hoped will reduce the risk that UK employers promptly dismiss employees in response to the Coronavirus outbreak. Further guidance was published on 26 March, providing some much needed detail on various aspects of the Scheme, which is expected to be operational by the end of April.