In order to help a young person who has little work experience, we grant a wage subsidy to the employer and compensate training costs of the hired young person.
The target group of the service is young people aged 16 - 29 who
- have been registered as unemployed and have not worked for three past months or have been temporarily involved in the activities listed in points 3-5 of § 6 subsection 5 of the Labour Market Services and Benefits Act for less than 30 days in total for three past months and
- have no or only short-term work experience (having worked for less than one year in the last three years or less than two years in total). Time spent on parental leave or conscription and alternative service is not calculated as part of the work experience period.
The employer must enter into an employment contract with a young person for an unspecified term or for a specified term of at least one year and, if necessary, provide training for the young person at the workplace and/or possibilities to participate in professional training.
„My First Job“ wage subsidy co-financing by the European Social Fund programm will be finished by the end of year 2022. In the case of wage subsidy agreements entered into until 31.12.2021, we will pay subsidy for salary declarations submitted until the end of 2022.
A wage subsidy is granted to an employer for 12 months as of the commencement of employment by an employee (for a specified employment contract no more than half of the contract duration but no longer than 12 months). The amount of the subsidy per calendar month is 50 per cent of the wage or salary of the employee, but no more than twice the minimum wage.
We compensate the employer for work-related training to a value of up to 2,500 euros over two years from the date the young employee commences wor k(in the case of a fixed-term employment relationship until the end of that period, but no longer than two years). The aim is to facilitate the development of the young person’s skills and to improve one’s competitiveness on the labour market. The need for training and participation in the service must be agreed with us beforehand.
Read also about the terms when the employer has to return the subsidy.
The labour market service is co-financed by the European Social Fund of the European Union by regulation No. 222 of the Minister of Health and Labour of 4 December 2014 on the basis of ‘Provision of labour market services to facilitate employment opportunities’ .