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Coronavirus Job Retention Scheme (Furlough Leave) – What you need to know!

Lauren Hannath

Posted by Lauren Hannath | Solicitor
On 31st March 2020

The Coronavirus Job Retention Scheme was announced on 20 March 2020 to provide security for employees over the coming months in light of the current crisis. The scheme provides a mechanism that allows businesses to retain employees without the need for them to work and for those employees to still receive a minimum level of their salary. The scheme’s purpose is to reduce the amount of redundancies and avoid employees being laid off without pay.

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