Can only speak for Sweden but you do need to take a paycut as well. In Swedish but you can see the table here: https://tillvaxtverket.se/om-tillvaxtverket/infor

Can only speak for Sweden but you do need to take a paycut as well. In Swedish but you can see the table here: https://tillvaxtverket.se/om-tillvaxtverket/information-och-stod-kring-coronakrisen/korttidsarbete.html https://tillvaxtverket.se/om-tillvaxtverket/information-och-... For the 60% bracket the company reduces your working hours by 60% and you get a paycut of 7.5%. The government covers the difference, effectively reducing the cost for the company by 53%.