Employment compensation

Bulgaria’s Crisis-Stricken Businesses Will Receive State Support until End-May 2021

The Bulgarian government has extended until the end of May the measures known as "60/40" and "80/20" payroll support for employers in the sectors affected by the COVID-19 pandemic. 

The "Keep me" measure to compensate employees of closed businesses is also being extended, providing an additional EUR 12,300 million from EU funds. 

Romanian meat workers in Germany to conclude direct employment contract with employers

Romanian nationals working in the meat industry in Germany will sign, from January 1, 2021, employment contracts directly with the German employers, and not with companies that intermediate jobs, Romania's Minister of Labour and Social Protection Violeta Alexandru wrote on Thursday on Facebook.

Large and Medium Enterprises in Bulgaria have Resumed their Activities

Nearly 90 percent of large and medium-sized enterprises affected by the Covid-19 crisis have fully or partially resumed operations in the first week after the lifting of the state of emergency.

This is shown by the data from the CITUB monitoring of over 100 companies in the whole country, announced the national secretary of the union Todor Kapitanov.

A million employees of businesses closed by state live on 800-euro stipend

The coronavirus pandemic in only two months has already had a devastating effect on Greek labour as the stupefying data to date confirm and this is just the beginning.

In a country with a population of only 11 million the state-ordered lockdown closed 206,000 businesses which employ a total of over one million people.

Boeing is Considering Cutting 10% of its Employees

Boeing, a US aircraft giant, is considering a plan to cut about 10% of its employees, as the company is experiencing serious difficulties because of the COVID-19 pandemic, Wall Street Journal reports.

According to a financial statement, the aircraft manufacturer's plan includes early retirement, but also forced redundancies mainly in its commercial area.

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