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Old 30th Mar 2020, 20:42
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bairni
 
Join Date: Jul 2008
Location: LH Group
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Our Government in Austria has introduced a special covid19 short-time work model to avoid as many layoffs as possible.
Initially companies can reduce the working hours down to 10% for up to three months (option to increase up to six months) and the job center will increase the salary to 80-90% of your average net salary.
The gross income is taxed as usual and you pay your standard social security contribution, so you won't loose anything towards your pension.
On top the companies are freed from social security contributions.

All in all we are on 10% work at the moment (2 days of reserve a month) for 80% of the average net salary (~last three months).

Basically the state takes care of the whole gross salary to keep people employed. Not too bad
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