IW-study: Corona-Sick-costs employers EUR 1.6 billion

The Coronavirus pandemic, keeps the world in breath: more than five million people are already infected with the pathogen of Sars-CoV-2 – 182.313 of them so far in Germany.

Due to the sudden spike in absenteeism in the Corona-crisis have to pay the employer in the current year to around 1.6 billion euros in addition to the continued payment of wages in case of illness. This is from a still unpublished study by the Cologne Institute of German economy (IW), which was the newspaper “Rheinische Post”. The Sick leave of people employed had increased since the beginning of March has been exceptionally strong.

The Institute carries out this according to the newspaper, especially on the 9. March to end of may, the applicable special control of the phone back of sick leave. The statutory health insurance provided Sick leave was accordingly, from 4.5 percent of the Insured on 1. March to 6.5 percent on 1. April has soared. The employer would have to shoulders in the continued payment of salary in case of illness, a corona-induced special effect of EUR 1.6 billion. “At the end of the year, the cost of the continued payment of salary in case of illness threatens to rise to almost 69 billion euros”, – stated in the study, according to "Rheinische Post".

After nine hours Advisory: coalition tips postpone negotiations on economic stimulus package

23.31 PM: the tips of The black-red coalition have their work on the billion-dollar package to strengthen the economy late on Tuesday evening after about nine hours, adjourned. Due to the large demand for Advisory services will be heard this Wednesday at 10: 00 after the Cabinet session. Some of the most controversial points, such as a possible premium when buying a car, or aid to the municipalities as a debts control should be at the end of advise. Of possible understandings in the case of individual subjects, it was first known – at the end of a total should be submitted to the package, it said on Tuesday evening.

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