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ARTICLE · 28 APRIL 2020

Covid-19 : New Ordinances Specify Impacts Labour Law

August Debouzy
August Debouzy
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August Debouzy

August Debouzy

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Pursuant to the Emergency Law of march 23,2020 five new Ordinances on Labour Law and social security have been published this april, 2nd, 2020.

FranceEmployment and HR
August & Debouzy
August & Debouzy

Pursuant to the Emergency Law of march 23,2020 five new Ordinances on Labour Law and social security have been published this april, 2nd, 2020.

Feedback on the essential measures:

1- Ordinance modifying the deadline and the payment terms of the exceptional purchasing power premium ("Prime exceptionnelle de pouvoir d'achat –PEPA")1

- The deadline to pay the premium has been postponed to August 31,2020.

- The condition of having an interest agreement ("accord d'intéressement") is no longer required. All companies may pay an exempted PEPA premium up to 1.000 euros. This amount is increased to 2.000 euros for companies with an interest agreement.

- Interest agreements signed between January 1, 2020 and august 31,2020 may last for a period one to three years and will be exempted from  social security contributions.

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