The chamber has from our corporate member Baker & McKenzie received the following update related to relief measures issued by the government. These measures aim to alleviate the impact of COVID 19 on the economy for workers and employers.
For example, mandatory Social Security Fund contributions are reduced to 2% from August to October 2020. There are also cash subsidies for employees meeting the conditions. Some of the measures are pending details and subject to further changes. If you need more information, please contact Baker & McKenzie Employment team.
To find out more about the measures issued, read the full article here.