The BOE publishes the ministerial decision to support SMEs that shorten at least 10% of the working day without a pay cut
SMEs that want to access public support for short-time work will have to apply it to a minimum of the working population: at least 30% of employees in companies or workplaces with a maximum of 20 employees; and at least 25% in SMEs with between 21 and 249 employees.
Companies must ensure that the number of women participating in the project corresponds to their weight in the workforce with a full-time permanent contract, with a deviation of 10% upwards, but in no case less than the percentage they represent in the total of the permanent staff.
The normal working day must reflect a minimum reduction of 10% in the weekly calculation, which will be maintained for at least two years from the granting of the aid and will only affect workers on full-time, permanent contracts. This reduction in working hours may under no circumstances lead to a reduction in wages.
Small and medium-sized enterprises that do not belong to the public sector and carry out an industrial activity are eligible for aid. for at least a period of three years until the end of the application period; of course they need to be aware of their tax obligations and of social security and the presentation of accounts in the commercial register. Businesses in crisis may not be beneficiaries.
The short-time working pilot projects must be the subject of an agreement with the workers’ representation before applying for the subsidy. If there is no legal representation of the workers, the agreement must be reached with the most representative trade union organizations in the sector or through a negotiating committee.
The subsidized expenses are the wage costs of the staff affected by the short-time work during the first year, the training costs to optimize working time, the costs of hiring external consultancy services for the design or redesign of processes affected by the pilot project. .
The total funding in the form of a grant will amount to a maximum of 90% of the fundable budget in the first year for companies up to 10 employees, 80% for SMEs between 11 and 52 employees and 75% for companies between 53 and 249 people. .
The maximum eligible limit is 150,000 euros for the expenditure of staff affected by the reduction of working hours. They may be combined with other government support, but without exceeding the maximum limit of EUR 200,000 per company. . The maximum amount will be 200,000
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
