Policy Brief 7 - Strategies to limit or avoid job losses in enterprises

Roughly three-quarters of all policy responses to the crisis have entailed measures taken to provide credit and tax benefits to enterprises (mostly SMEs), often as part of a broader package of support. These measures target enterprise level support, helping them to weather the crisis and, by extension, to avoid laying workers off. This policy brief focuses more specifically on direct measures taken to protect jobs and groups them into two categories: firstly, working time adjustments and secondly, wage adjustments and employment subsidies.