As per the latest announcement of the Minister of Labour, Welfare and Social Insurance, there is a scheme for partial suspension of business which will work from home for the period 10/01/2021 until 31/01/2021. For three members of staff, the company will take benefits for all of them. For companies with more than 3 persons the benefits are as follows:
Turnover reduction 30%-40% – benefit for the 45% of staff
Turnover reduction 40%-65%-benefits for 65% of staff
Turnover reduction 65%-80%-benefits for 80% of staff
Turnover reduction of over 80%-benefits for 97% of staff
*The turnover reduction is in comparison with January 2020 and January 2021.
It is important to mention that in case the turnover reduction started from 01/01/2021, then the application should be made from 1/1/2021 until 31/01/2021.
The benefit will be calculated on the 60% of the employee’s registered salary.
The Government will contribute social insurance on the 60% they will pay and the Employer will contribute social insurance according to the extra percentage the Employee will work.
We are more than happy to assist you with any query you may have.
KOUZALIS LLC