The so called “Decreto Cura Italia“ refers to the approval of redundancy fund by way of derogation and the suspension of dismissals.
With Law Decree n. 18 dated 17 March 2020, which entered into force on the same day, the Italian Government has stated following measures aimed at helping Italian companies:
• The government has incentivised smart working measures and has granted a shorter period of ordinary and extraordinary wage fund up to a max period of 9 weeks.
By means of wage fund, employees are paid by the government up to 80 % of salaries (capped at 1.190 euro gross on a monthly basis).
• Employees who are also parents may take leaves – continuous or split, not exceeding 15 days (overall between the two parents) for children not older than 12 years. During such leaves they are granted an allowance equal to 50% of their salary. Alternatively, parents can choose to receive a baby sitting bonus equal to Euro 600,00;
• Paid leaves for assisting disabled relatives are increased to + 12 days in the period March-April;
• Bonus of a max of Euro 100 net to be paid in March by the Italian Government for employees whose annual salary is no higher than Euro 40K gross and who effectively work at the company premises (no Smart Working);
• Sickness indemnity treatment granted to employees who are imposed in quarantine.
The government has granted the possibility for employers to suspend the payment of Social Security contributions: a) for companies whose revenues do not exceed the limit of 2 million Euros in the tax period prior to the one in progress, and b) for performing activities in specific business fields, such as tourist operators, sports associations, cultural associations, etc.