Definition: Guaranteed remuneration in the event of short-time working

Labour market

Guaranteed remuneration in the event of short-time working is the sum paid directly by the employer to employees to maintain remuneration in the event of short-time working, minus any reimbursements paid to the employer by social security institutions.
Source:
Community statistics on the level and structure of labour costs 1996 - List, definition and breakdown of the variables, p.8
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