Should Entrepreneurs Get Unemployment Benefits?

Should Entrepreneurs Get Unemployment Benefits?

Jue, Jun 13th 2024

The National Council’s proposal for better unemployment benefits for entrepreneurs passed with 126 votes in favor. Entrepreneurs will qualify after 20 days, given certain conditions.

Keystone/AP Photo/Thomas Peipert

Improved unemployment benefits for entrepreneurs have cleared an initial legislative hurdle. The National Council’s Social Affairs and Health Committee’s proposal was approved on Thursday by a vote of 126 to 63, with one abstention.

Under this new bill, entrepreneurs who contribute to the unemployment fund would be eligible for benefits after a 20-day waiting period. To qualify, they must have worked in their company for at least two years, be unemployed, and not serve on the board of directors.

Andri Silberschmidt (FDP/ZH) initiated the bill with a parliamentary proposal. Silberschmidt explained that currently, entrepreneurs are only eligible for benefits if they fully separate from their company.

However, there are situations where entrepreneurs cannot completely detach from their business, preventing them from receiving benefits. Silberschmidt cited examples such as bankrupt company owners, divorcing spouses with joint investments, and minority shareholders.

Despite the Federal Council and a right-wing minority opposing the bill, arguing it risks abuse and prefers maintaining the status quo, the proposal moved forward.

©Keystone/SDA

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