The 60/40 wage support scheme is to continue functioning after October 1, yet under different conditions, Bulgaria’s Minister of Labor and Social Policy Denitsa Sacheva told representatives of business and labor unions, reporter Tsvetelina Stoyanova announced.
According to the 60/40 wage support scheme, the state pays 60% of the wages of Bulgarian employees working at companies that have been heavily affected by the Covid-19 pandemic. The rest of the money (40%) is paid by the employer.
Vasil Velev from the Bulgarian Industrial Capital Association insisted that the state authorities adopt a legislation that will be in force during other emergency situations such as the current Covid-19 situation. "I hope that we will not have to adopt anti-crisis measures in support of employment in the last minute during another crisis", Vasil Velev said further.
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