There have been a large number of ideas thrown out for sustaining workers and the economy through the downturn. To my mind, the Danish model is the best. It provides hard hit companies with 75 percent of workers ordinary pay up to a cap. The company is required to pay the other 25 percent. Workers have to give up five of their paid vacation days (seriously).
This is a good model both because it ensures that most people will have an income through the crisis and it also keeps workers attached...
Published on March 19, 2020 09:37