What are the benefits?
Under the instrument Support for Employment employers that hire persons encountering difficulties on the labour market are entitled to a compensation of wage costs.
What companies are eligible?
Public or private legal persons (except for budgetary institutions), branches or representative offices of legal persons as well as natural persons engaged in business-commercial activities.
What is the maximum amount?
The amount of compensated labour costs for employees is calculated at the fixed rate of EUR 0.233 for one euro of the wage calculated for the employee for the relevant month:
– a period of 12 calendar months calculated from the first day of employment of a first-time employee between 18 and 29 years of age (first time employment);
– a period of 24 calendar months calculated from the first day of employment of an employee above 54 years of age (who did not work under an employment contract(s) and was not a public servant for at least 6 months (uninterrupted)).
The maximum amount of financing per applicant (project promoter) under all grant agreements may not exceed EUR 200,000 during the period of implementation of the instrument.
How does it work?
In order to finance projects under the instrument Support for Employment, the applicant is required to submit an application to INVEGA. The amount of wages of the specific employee to be compensated is determined and paid out quarterly.