abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

19 Mar 2020

Author:
EURACTIV.com with Reuters

Denmark: Corona-hit firms to get state aid to pay 75% of salaries if they promise not to cut staff

"Danish corona-hit firms get state aid to pay 75% of salaries", 15 March 2020

Denmark’s government told private companies struggling with drastic measures to curb the spread of coronavirus that it would cover 75% of employees’ salaries, if they promised not to cut staff.

Under the three-month aid period that will last until June 9, the state offers to pay 75% of employees’ salaries at a maximum of 23,000 Danish crowns ($3,418) per month, while the companies pay the remaining 25%.

“If there’s a big drop in activity, and production is halted, we understand the need to send home employees. But we ask you: Don’t fire them,” Prime Minister Mette Frederiksen said told a news conference on Sunday (15 March).

Employees will be obliged to take five days of mandatory vacation or time off from work, she added.

The offer is one of several economic aid packages by the government to help companies and employees cushion the effect of tough measures to curb the spread of coronavirus...