News & Analysis as of

Job Retention Schemes Layoffs

Mintz

Can AI Provide the Magic Medicine for Corporate Cutting?

Mintz on

Spotify announced this week, through a very public memo to its employees, its plan to layoff about 17% of its workforce. In so doing, Spotify joins a number of other technology companies that have recently announced...more

Dechert LLP

Further guidance on who can be furloughed

Dechert LLP on

Following the recent announcement of the new national lockdown and the closure of schools, there will be many employees who are, again, struggling to juggle the demands of work and home schooling their children.  ...more

White & Case LLP

Replacing Pay with Equity to Preserve Cash in a COVID Economy

White & Case LLP on

As pandemic effects linger, companies intent on avoiding layoffs are looking at compensating workers with equity in lieu of cash as part of their pay. In August 2020, the United Kingdom began winding down its Coronavirus...more

Fisher Phillips

UK Job Support Scheme Set to Begin in November 2020

Fisher Phillips on

The UK government recently announced a new Job Support Scheme, which will replace the UK Coronavirus Job Retention Scheme (the “Furlough Scheme”) upon its expiration on October 31, 2020. The Furlough Scheme has been in place...more

International Lawyers Network

International Lawyers Network: Unprecedented Aid

Chile - In response to the sanitary and economic crisis produced by the Covid-19 Pandemic, the Chilean Government has introduced several measures to protect the employment and the employees’ salaries. The following is...more

Littler

COVID-19 Considerations for UK Employers

Littler on

As the spread of the novel coronavirus COVID-19 continues to accelerate, employers are facing significant challenges to their business and their workforce. Employers are faced with an onslaught of employment law changes –...more

Hogan Lovells

tPR guidance for employers: auto-enrolment and pension contributions

Hogan Lovells on

The Pensions Regulator has published guidance on how it expects pension contributions to be paid during the current pandemic and, in particular, in respect of employees on furloughed leave. ...more

Morgan Lewis

Furlough Developments: Updated Guidance on UK Coronavirus Job Retention Scheme

Morgan Lewis on

The UK government published updated guidance on the Coronavirus Job Retention Scheme on 4 and 9 April, providing clarity on such issues as which employees can be furloughed, what activities are permissible during furlough...more

White & Case LLP

COVID-19 – Key UK Employment Issues Guidance Note

White & Case LLP on

Companies and their workforces are in unprecedented circumstances, with COVID-19 changing situations and advice on a frequent basis.  In this alert, we have set out below the key issues faced by employers across the UK and...more

McGuireWoods LLP

UK Government Guidance On Coronavirus Job Retention Scheme

McGuireWoods LLP on

Her Majesty’s Revenue and Customs (HMRC) recently published further guidance on the UK government’s Job Retention Scheme (JRS) during the coronavirus crisis. Eligibility and entitlements under the JRS- The JRS is open...more

McDermott Will & Emery

UK Coronavirus Job Retention Scheme Details Announced

Since the 20 March 2020 announcement of the temporary Coronavirus Job Retention Scheme, which is intended to support UK employers whose operations have been severely affected by Coronavirus (COVID-19), the UK government has...more

Goodwin

10 FAQs for UK Employers Responding to the Coronavirus Job Retention Scheme

Goodwin on

As governments across the globe announce emergency measures to stop and contain the impact of COVID-19, employers are also taking urgent steps to manage its financial impact and to survive, by cutting employment costs. A...more

Orrick - Employment Law and Litigation

UK Coronavirus Job Retention Scheme – The Details Have Landed

One day after the Coronavirus Act was passed (which brought in the new SSP rules), we have finally received guidance from the Government on the announced Coronavirus Job Retention Scheme and how it will work. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Announces COVID-19 Job Retention Scheme

The COVID-19 crisis has led to much uncertainty regarding continuing pay for employees who are unable to work from home, as well as overall job security, in the face of employers’ financial uncertainty....more

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