New measures were recently announced to encourage the hiring of young people searching for their first job and of long-term or very long-term unemployed people, on an open-ended basis.
These incentives are comprised by a non-refundable financial support to the employers who enter into open-ended employment agreements with the people mentioned above, and the exemption (or partial reduction) of the contributions due to the social security by the employer (on the account of such employment agreements).
For an employer to be eligible to these incentives he must enter, at least, into two open-ended employment agreements with both young people searching for their first job and with long-term or very long-term unemployed people, and also to increase the average number of workers above the number registered in the 12 months preceding the registration of the first employment agreement entered into.
These measures came into force on April 13, 2019.
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[Photo: Célio Pires, available at: unsplash.com]