Oxfam (Feb 2021) The report shows that COVID-19 has the potential to increase economic inequality in almost every country at once, the first time this has happened since records began over a century ago. Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mostly White male, billionaires to bounce back.
Employers will be able to benefit from the supported employment measures and receive wage subsidies if they employ the most vulnerable residents and help them return to the labour market. Subsidies may be paid to employers who employ additional jobseekers referred by the Employment Authority, such as the persons with disabilities, elderly or young people, long-term or unskilled unemployed, etc.
As quarantine continues, those employers, who are unable to provide their employees with work, can announce downtime for the employees. From 2021, in respect of the downtime employees the employers will receive the full compensation (100%) for the gross and net wage to the employee during downtime. The maximum compensation will amount to 1.5 minimum monthly wages, i.e. EUR 963. However, the compensated amount may not exceed the wage fixed in the employment contract before the date of declaration of the second quarantine.
Ministry of Labor, Welfare and Social Insurance (09.12.2020) Businesses and workers in certain economic activities, such as workers in photographers, day care centers, banquet halls and other affected economic activities, the Special Plan for Businesses for Certain Economic Activities can be provided to 50% of employees provided that turnover has been reduced by more than 40%.
Ministry of Labor, Welfare and Social Insurance (09.12.2020) The Support of Businesses / Employees that are under mandatory full suspension based on the Decrees issued by the Minister of Health are implemented additional Special Plans for the period from 1 November 2020 to 31 December 2020 or depending on the period of validity of the Decrees of the Minister of Health. The Special Plans in question will be open to companies affected by the Full Suspension Decrees and will provide support to 97% to 100% of employees, depending on the size of the company.