What is Coronavirus Job Retention Scheme?

Phoebelambert09 Dec, 2020Legal

COVID-19 has seriously impacted our lives whether it is physically, mentally, or financially. With the global pandemic shutting everything down, a lot of businesses and employees have suffered the loss of their jobs. The government of the UK has recently announced a coronavirus job retention scheme according to which employers and employees can claim for the loss of their wages as different companies had to cut down their employees or furlough them due to the worsening situation.