TERS
Did the TERS policy save jobs during the COVID-19 pandemic?
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Tim Köhler, Robert Hill on 8 June 2022
South Africa’s Temporary Employer-Employee Relief Scheme (TERS) has arguably served as the country’s most important labour market intervention in response to the COVID-19 pandemic to date. As the government winds down the policy two years after its inception, a key question is: was it successful in achieving its primary aim of saving jobs?