Since the existing Liechtenstein regulations did not provide the
possibility of granting short-time-working in case of a pandemic,
the Government of the Principality of Liechtenstein has now issued
an executive order on March 17th 2020 concerning the
governmental payment of short-time working, to compensate for the
economic consequences of COVID-19. The executive order comes into
force with its announcement and is provisionally valid until June
30th 2020. It allows companies that suffer loss of
workload as a result of COVID-19 and its effects to claim
short-time compensation for their employees.
How is "Short-Time-Work" defined?
Short-time-work means that workload in a company is temporarily
reduced or completely stopped in agreement between employer and
employee. However, the contractual relationship under labor law
remains in place. The aim is thus to prevent unemployment and to
preserve jobs.
