The Intergenerational Equity Mechanism, a new contribution rate applicable to all workers, both employed and self-employed, without exception, comes into force on January 1, 2023.
The Directorate General of Labour approves a total of 14 non-recoverable, paid and obligatory public holidays, with 12 public holidays and the 2 set by local councils.
The main objective of the new legal concept is to offer permanent contracts in a sector that is highly affected by temporary and precarious employment, such as Science, Technology and Innovation.
The economic benefit of the TI in cases related to Covid-19 is pay by the entity that protects the professional contingency of the company’s employees and will be charge from the day after the sick leave until the date of discharge.
New internal flexibility mechanisms are implemented in companies to avoid dismissals, revising the current model of ERTEs and creating the so-called RED mechanism.