SWISS STATE-SCHEME FOR EMPLOYER COMPENSATION AS A RESULT OF REDUCED WORK TIME (RWT) AND OTHER RELATED STATE AIDS IN THE TIME OF COVID-1927 March 2020 By Alexander Troller, Sandrine Giroud, Carol Tissot
On 16 March 2020, the Swiss federal government introduced stringent measures to protect the population against the spread of COVID-19. Naturally, these protective measures had profound consequences for businesses and their employees, and the Swiss federal government has been quick to respond with several initiatives designed to help businesses survive the COVID-19 crisis.
In this article we consider the various government aid initiatives that are now available to assist companies and employees during the COVID-19 crisis.
Full article available here.