The program starts on October 1st, 2020 and is valid until the subsidized job positions are covered.
Employment contracts will have a six-month’ duration and are applicable to all businesses. Submission of application to ERGANI System is required, under specific terms and conditions.
Specifically the program foresees the following:
- Covering of all employee and employer social security contributions, regardless of the net monthly salary amount, as well as the corresponding social security contributions on Xmas/Easter/Holiday bonuses for a period of six months.
- If the new hire concerns a long-term unemployed individual, then it is further subsidized by another two hundred euros on the net monthly salary.
- After the end of six months the employee may continue to work if both parties agree. In this case, the employee is then fully paid by the employer.
- Employees who are hired under the program cannot participate to the “SYN-ERGASIA” program.
Employment contracts cannot be suspended under this program.
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