Human resource management

Startuppers feeling upbeat

Despite the ongoing health crisis, a number of enterprises are optimistic about what 2021 may hold. A recent ICAP survey showed that while five out of 10 enterprises expect their turnover this year to be smaller than in 2019, they still consider it will be an improvement on 2020.

Economy Minister: BGN 156 Million Will Be Redirected to Closed Companies in Bulgaria

BGN 156 million will be redirected for the implementation of the new anti-crisis measure in support of the businesses in Bulgaria closed by the order of the Minister of Health.

The aid will be differentiated, depending on the lost turnover, announced the Minister of Economy Lachezar Borisov.

Turkish economy sees total turnover down 20.9% in April

The Turkish economy's total turnover saw an annual decrease of 20.9% in April, the nation's statistical institute reported on June 12.

The Turkish Statistical Institute (TÜİK) said turnover in industry slipped 24.9% during the same period.

On the services side, the turnover index declined 23.9% and the figure in trade fell 17.4% year-on-year.

Gov't reimburses to companies 41.5 pct of salary of employees returning from furlough

The Government will reimburse employers, for a period of 3 months, a percentage of 41.5 pct of the monthly gross wage of each worker that has his/her previously suspended work contract reactivated, a release sent on Friday to AGERPRES by the Ministry of Labor and Social Protection, reads.

Government to grant up to 30pct of gross salary to companies that employ jobseekers

The government will grant up to 30pct of the gross salary to companies that will hire people looking for work, Prime minister Ludovic Orban announced on Wednesday evening. "We will give up to 30pct of the gross salary to companies that will hire jobseekers, that will provide jobs to Romanian citizens who are looking for a job, for a period of at least three months.

Kurzarbeit model, discussed with employers and trade unions

The Kurzarbeit model (flexible work) was discussed with employers and trade unions, but was also presented to the Prime Minister and the Minister of Labor, but there are fears on the government side that it could not be implemented, the president of the Romanian-German Chamber of Commerce (AHK Romania), Dragos Anastasiu stated on Thursday.

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