noun
layoff allowance; closure allowance
A payment made by an employer to workers during a temporary business suspension or closure, as required under Japanese labor law.
会社は休業手当として平均賃金の60%を支払った。
The company paid 60% of the average wage as a layoff allowance.
Compound of 休業 (kyūgyō, 'business suspension') and 手当 (teate, 'allowance').