June 2021 - On 4 May 2021 the Slovak parliament
adopted Act No. 215/2021 on compensation for
shortened work, widely known as Kurzarbeit (the
"Act"). The Act aims to ensure that the
state will partially compensate employer costs for employee
wage compensation during periods of shortened work caused by
external factors (the
"Subsidy"). The Act will become
effective as of 1 January 2022, as employers may currently still
apply for Covid-19 pandemic aid under the current temporary aid
scheme until the end of 2021. Further details of the Act are
specified below.
June 2021 – On 4 May 2021 the Slovak
parliament adopted Act No. 215/2021 on
compensation for shortened work, widely known
as Kurzarbeit (the
"Act"). The Act aims to ensure that
the state will partially compensate employer costs for
employee wage compensation during periods of shortened work caused
by external factors (the
"Subsidy"). The Act will become
effective as of 1 January 2022, as employers may
