2020-05-13

Added · Updated

Royal Decree-Law 18/2020, of 12 May, on Social Measures in Defence of Employment

This Royal Decree-Law extends the application of force majeure temporary suspensions and reductions of working hours due to COVID-19 until June 30, 2020, distinguishing between total and partial force majeure scenarios. It mandates that companies recovering partial activity must reinstate workers, prioritizing reduced working hours, and requires communication to labor authorities within 15 days if renouncing the temporary employment regulation file. The decree maintains special unemployment protection measures and introduces new contribution exemptions for companies under force majeure, while modifying employment safeguard measures to address sector-specific variability.

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Comision Nacional del Mercado de Valores

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Source: Comision Nacional del Mercado de Valores — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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