Home » HR practices » Professional development » Legal developments » National legislation » Switzerland: Federal Council adopts a SF40 billion-support package for companies and jobs Switzerland: Federal Council adopts a SF40 billion-support package for companies and jobs On Friday 20 March Switzerland’s government submitted a SF 40 billion (€38 billion) support package for companies and jobs, which will be passed by Parliament on Wednesday 25 March. In addition to guarantees over and easier access to credit for businesses, the plan also includes other measures to facilitate partial unemployment arrangements for employees, and interim workers, as well as the introduction of a salary guarantee for parents having to stay home to look after their children. Trade unions have welcomed these measures whilst remaining worried over the total cessation of company monitoring by both the labor inspectorate and the sanitation authorities. Through . Published on 24 March 2020 à 16h47 - Update on 24 March 2020 à 16h54 Resources In line with its neighboring countries, Switzerland has just undertaken a series of measures aimed at guaranteeing fast-track financial support for businesses as well as maintaining both jobs and to a lesser extent salary levels. In terms of business support the Federal Council announced it was mobilizing almost SF 20 billion (€19 billion approx.) in support that would be available in principle as soon as 26 March.… Managing the fallout of Covid-19 Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messagePhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels