Tuesday June 2, 2020

Covid-19: Will the employee subsidy scheme be enough?

Reservations are already being expressed about the initiative, which was signed into law last weekend

5th April, 2020
Hotel staff are one of many groups whose livelihoods are under threat from Covid-19. Picture: Alamy

With businesses continuing to feel the impact of Covid-19, the government has brought in a series of measures to keep as many people in work as possible.

The latest is the Emergency Measures in the Public Interest (Covid-19) Act 2020, which was signed into law last weekend. This includes the Temporary Wage Subsidy Scheme, which is open to all employers, replaces the previous Covid-19 Refund Scheme and will operate for the next 11 weeks.

It aims to...

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