furlough

Oil & Gas

Making redundancies after Covid-19

With the tapering of the Government’s Coronavirus Job Retention Scheme (CJRS) now in full swing, it is crucial for businesses to keep a close eye on headcount.

Coronavirus

The new ‘F-word’ in the energy sector

The Energy industry has taken another battering. But unlike previous economic hurricanes, this time within weeks centrally funded support was made available in the form of furlough leave and pay.

Opinion

‘Great uncertainty’ for employers using Covid-19 furlough scheme

The Coronavirus Job Retention Scheme (the "Scheme") was announced on 20 March 2020 and opened to applications on 20 April 2020. By 23 April 2020 it had received 512,000 claims in respect of 3.8 million furloughed employees. However, a great deal of uncertainty remains around the application of the Scheme to businesses in the oil and gas sector.