Indonesia Expat
Business/Property News

Workers Sent Home Without Pay as Indonesia Faces Recession

Workers Sent Home Without Pay as Indonesia Faces Recession

Indonesia is officially set to face recession after two-quarters of negative economic growth. It’s feared that a recession will further increase the number of workers who are laid off across Indonesia. 

“Due to COVID-19, many businesses have reduced work hours, by an average of 32.6%. As many as 17.6% of workers have been dismissed without pay. 12.8% of workers have been laid off temporarily,”

said Rosan Roeslani, General Chairman of the Chamber of Commerce and Industry.

“6.45% of individuals who have been laid off have only been paid partially. Meanwhile, 3.69% of workers have been fired with full pay,” he continued.

The Chamber of Commerce and Industry reported that several strategies have been put in place to prevent companies from firing so many workers or ensure they are let off fairly. “As liquidity is still small, if you are laid off, you have to pay severance pay. We are building an effective market network chain to ensure businesses do this,” he said.

Furthermore, the chamber is working on increasing creativity and innovation amidst the COVID-19 pandemic. Human resources are being encouraged to be more creative and adaptable in the current situation.

Source: Oke Finance

Also Read Indonesia Officially in Recession

Related posts

Controversy Erupts Over Latest Government Regulation Concerning Contraceptives for Teens

Indonesia Expat

Borobudur Closes Top Tiers of Temple

Indonesia Expat

Electronic Traffic Fines in Bali Officially Starts 28th November

Indonesia Expat

Bali’s Tourism Levy Has Only Reached 40%, Government Says

Indonesia Expat

InterContinental Bali Resort Unveils Official Website for Jimbaran Convention Center

Indonesia Expat

Sudirman-Thamrin Area Crowded on First Day Back to the Office

Indonesia Expat