Labor (28.04.2020) The option for full time workers to move to part-time with government support will be extended to 31 August, from its original finish date on 1 June. The livelihoods of tens of thousands of employees have been protected since this support measure took effect, but the economic outlook has changed markedly in the month or so. The part-time option allows employees to reduce their hours or salary to as low as 25%, or 50% from July onwards, and top up their earnings with support from the Government. An application must be filed for an extension, and the requirements for participation will be reviewed.
The government extends through June its program of covering up to 75 percent of the pay of employees whose job ratio has been reduced. After the end of June, the government will cover up to 50 percent of their salary through August.
(Google translate) As of July 1 to August 31 will be s workers rate having dropped by 20 percentage s Aglientu level at least and employee must keep at least 50% employment to be eligible for partial benefits. The Directorate of Labor therefore pays a maximum of 50% of income-related unemployment benefits as of July 1 , which today amounts to ISK 228,202. for an entire month .