The Economic and Social Stabilization Program (PEES) brings a set of measures that will have a direct impact on salary processing and immediate repercussions, both in the lives of organizations and their employees. In the next semester, we will be accompanied by a set of very relevant new rules that we will share with you here.
The Economic and Social Stabilization Program provides for a set of new support measures for companies and families, in order to boost the return to activity after the mandatory quarantine decreed in the context of the pandemic caused by COVID-19. We share with you the main measures that have an impact on the lives of companies and their employees:
Extension of the simplified layoff regime
Among the measures announced, the simplified layoff regime stands out, which has been extended for another month, that is, until the end of July. From August onwards, only companies that remain closed by order of the kazakhstan whatsapp number database will be able to continue to use this measure. This means that companies will only be able to continue to benefit from the simplified layoff regime while this obligation to close remains in place, as is the case of bars and nightclubs, for example.
In this sense, if only companies that remain closed by order of the Government will have access to this measure, this means that the simplified layoff will have a residual application and will only be applied in the form of suspension of activity and no longer in the form of reduction of the normal working period.
Extraordinary financial incentive for the normalization of business activity
Companies that have benefited from the simplified layoff regime and that resume activity can access an extraordinary financial incentive to normalize business activity, and can choose to: receive a National Minimum Wage for each worker, paid in one go, or two SMN paid over 6 months, as long as the employment level is maintained.
Support for progressive recovery
A new mechanism has also emerged, replacing the simplified layoff, called support for progressive recovery, which will be in force between August and the end of 2020, although with different conditions for companies that need to maintain the reduction of their activity and that have had drops in turnover of more than 40%.
This support does not provide for the possibility of suspending activity, but only the reduction of the Normal Working Period (PNT) in the following ways:
Companies with a drop in turnover of more than 40% and up to 60%:
Reduction of normal working hours by up to 50% (between August and September 2020);
Reduction of normal working hours by up to 40% (between October and December);
Companies with a drop in turnover of more than 60%:
Reduction of normal working hours by up to 70% (between August and September 2020);
Reduction of normal working hours by up to 60% (between October and December).
In this situation, companies that pay the remuneration due for hours worked and hours not worked will have Social Security contribute 70%.
Progressive reduction of the TSU exemption
From August onwards, we will see a progressive reduction in the exemption from TSU that was associated with the simplified layoff. Companies that are included in this mechanism to support the progressive resumption of activity will have different rules associated with TSU depending on their size.
Large companies - 50% exemption applicable between August and September. From October onwards there will no longer be any exemption/reduction of the rate.
Micro, small and medium-sized companies - Between August and September, they will continue to benefit from the exemption and from October onwards, they will have a 50% reduction in TSU.
Legislative developments are currently taking place at a very fast pace. Keep up to date with the latest developments and find out which measures apply to your company. PRIMAVERA continues to work continuously to update its management solutions so that you can implement new payroll processing measures in a timely and simple manner.
Economic and Social Stabilization Program and Salary Processing
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