Spain: industrial sector SMEs to receive support to reduce working time

The Spanish government has unveiled details of its pilot project encouraging companies to reduce their working hours or even adopt a four-day week. The plan, which will be powered with €10 million of funding, will provide support for 60 to 70 SMEs, with subsidies of up to €150,000 over two years to help them review their organisational methods. The aim is to increase productivity while reducing working hours by at least 10%, without any reduction in pay for employees.

By Cécile Thibaud. Published on 02 January 2023 à 12h27 - Update on 02 January 2023 à 12h27

On 16 December, Spain’s Ministry of Industry published the details of the pilot project designed to encourage companies with fewer than 250 employees in the industrial sector to switch to a shorter working week. The €10 million project will help SMEs over a period of two years in their efforts to make their operations more efficient, with a view to “reducing working hours, maintaining wages and improving company results”,…

Cécile Thibaud

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