Cabinet approves to extend the concessionary period on private sector salary payments until March

(COLOMBO, LANKAPUVATH) – The government has received the cabinet approval to extend the agreed period for payment of salaries for private sector employees impacted by the COVID-19 pandemic conditions.

At a meeting held early 2020 by the task force established with the participation of entrepreneurs, employee trade unions, National Labor Advisory Council (NLAC), the Ministry of Labor and the Department of Labor, it has been agreed that the payment of salaries to the employees in the private sector affected by the COVID – 19 pandemic subject to continuation of their occupations without any loss up to 31 December 2020.

It has been agreed to provide proportionate opportunities to work for every employee, either by paying 50% or Rs. 14,500 of the last month’s salary which is profitable from the two as well as payment of contribution fee to Employees Provident Fund (EPF) and Employees Trust Fund (ETF) applicable to the paid amount by the employer.

However, the continuous spread of the disease has resulted in travel and air restrictions causing immense harm to the tourism industry.

Therefore, considering the crises faced by institutions relevant to the tourism sector, the Cabinet of Ministers has granted approval for a proposal tabled by the Minister of Labor to extend the concessions further up to March 2021 for the institutions relevant to the sector.

 

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