Austria adapts, extends short-time work scheme to 2022

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Austria has adapted and extended its short-time work scheme, a form of furlough that eases the burden on employers and workers amid the crisis unleashed by the pandemic. The government and social partners announced plans to offer two models as of July, they said on Monday. The short-time working scheme that is currently in place will largely still apply until the end of the year for business areas worst hit by the pandemic, with at least a 50-per-cent drop in sales, such as hotels and aviation. Those businesses can reduce staff working hours to zero. Subsidies are to be cut by 15 per cent for …

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