In a press release published on Thursday, the Horesca Federation as well as the Luxembourg Confederation of Christian Trade Unions (LCGB) and the Independent Luxembourg Trade Union Confederation (OGBL) announced that they have signed a job retention plan for companies in the hospitality sector.
The plan was approved by the Economic Committee on Tuesday. Under this job retention plan, the companies undertake not to make any redundancies for economic reasons. To achieve this, they will be able to resort to partial unemployment until the end of 2021 in case of difficulties.
The plan also provides a framework for certain provisions such as training and job placement.
Short-time work is limited to 50% of the total number of hours, but this threshold may be increased in certain cases. The Horesca federation and the trade unions welcome this agreement, which will give some security to both companies and employees in the coming months.
As the crisis provisions on short-time work expire at the end of June, this plan was generally seen as essential. However, it still needs to be approved by the government.
