The part concerning companies, according to Paulo Guedes, is to maintain jobs. And that the government would supplement up to 30% of the salary.
R$1.51 billion will be allocated to the salary adjustments of workers whose working hours are reduced by the company. Paulo Guedes announced his administration's decision this Wednesday, April 1st.
The government had already announced plans to provide salary supplements as part of its measures to "soften" the economic impact of the novel coronavirus pandemic. A provisional measure with measures in the area of labor and employment is expected to be sent to Congress this Wednesday or Thursday (2), according to the Planalto Palace.
"It's R$51 billion from our labor program that gives companies several options. Like reducing working hours by R$201, R$25, R$30, and R$30, and the government covers the difference in wages. If a company is struggling and wants to reduce [working hours and wages] by R$201, R$25, R$30, or R$30, the government will pay. We're paying companies to keep jobs," he declared.
Other measures
The minister noted that in addition to the R$, R$51 billion was disclosed. This amount is intended to cover the salaries of workers whose working hours are reduced. The following was stated last week:
- a line of credit (with a 85% guarantee from the National Treasury) of up to R$ 40 billion for companies to pay employees' salaries.
"Don't have the money to pay the remaining R$701,000 [of workers' salaries]? We're providing credit to maintain employment. Both the labor salary supplement program and the payroll financing credit are being maintained. The total is R$1,000,000 billion, R$2.61,000 of GDP, for health care, life preservation, and job preservation," he concluded.
Paulo Guedes also stated that the planned assistance for informal workers, which was also extended to individual microentrepreneurs, would total R$1,400,000 (R$98 billion). This is targeted at approximately 54 million Brazilians. Until now, the government's economic branch had reported the amount would be R$1,400,000 (R$45 billion).
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