European Restructuring Monitor (ERM)
Eurofound's ERM database on restructuring-related legal regulations provides information on regulations in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change.
13, 32, 38, 40, 44, 46, 48, 49 (5/2004); 104, 105, 107, 108 (461/2003)
The appropriate employment office of the headquarters of Employment, Social Affairs and Family (ÚPSVaR) informs redundant employees about available vacant jobs and assists them in finding a suitable job as soon as possible. If needed, the employment office, in cooperation with the job seekers, ensures their participation in skill development training courses necessary for getting the new job. The employment office can cover up to 100% of the cost of training. Job seekers registered at least for three month can also obtain a financial allowance to start work as self-employed.
Dismissed unemployed employees can also receive unemployment benefits. Unemployed employees insured with the Social Insurance Agency that have been paying compulsory contributions (including contributions to the unemployment fund paid by employers as well as by employees in the amount of 1% of the assessment base - in total 2%) for at least two out of last four years before registering as a job seeker are entitled to unemployment benefits. Unemployment benefits are provided for six months. The benefit consists of 50% of the daily assessment base - employee's average daily wage in the last two years (it is, however, limited by the maximum assessment base, which is two-times the average monthly wage in the economy).
Due to the COVID-19 pandemic, the entitlement period for unemployment benefit was extended and from 2022 going forward the unemployment benefit period was changed again to 6 months.
According to an amendment which took effect on 1st of January 2023, the following changes, with regards to unemployment benefits took effect:
In practice, registered job seekers can use the unemployment benefits alternatively. After a period of three months, the beneficiary has the option of either continuing to receive the benefit for the next three months (as a maximum) or to cancel his or her registration as a job seeker and obtain a bonus in amount of the 50% of the due benefit.
The Social Insurance Agency publishes annual statistics on unemployment benefits, including data on the average benefit amount, the number of recipients and the total number of benefits paid.
Eurofound (2015), Slovakia: Redundant employees entitlement to public support, Restructuring legislation database, Dublin, https://apps.eurofound.europa.eu/legislationdb/redundant-employees-entitlement-to-public-support/slovakia
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