Recovery plan

MyGuichet.lu

Self-employed

SMEs

Specific sector

The recovery plan is a tool designed for use in the context of applications for short-time working based on structural factors. The principle underlying the plan is pre-emptive management of the effects of businesses' planned restructuring.

Businesses are encouraged to contact the secretariat of the Economic Committee, which will go through the available options and discuss the application of the measures provided for by a recovery plan.

Who is concerned

The recovery plan is designed for businesses with fewer than 15 employees that are experiencing financial hardship and need to make structural changes.

It is up to the employer to submit their recovery plan to the Economic Committee, and the plan must include a commitment to achieve quantifiable goals in accordance with a specified timeline.

How to proceed

Content of the recovery plan

The recovery plan submitted must contain, at a minimum, the 5 main sections listed below:

presentation of the business and its operations;
data illustrating the business's financial position;
data pertaining to the business's staffing situation and details on the measures taken by the business to maintain normal working levels;
expected developments over the next 3 months;
the intended duration of the recovery plan and the targets to be achieved.

Period of application of the recovery plan

In the context of the economic recovery, the submitted recovery plan must specify a period of application, which may not extend beyond the cut-off date of 31 December 2021.

During that fixed period, applications for financial compensation in connection with short-time working must be renewed on a monthly basis, as necessary.