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Economy & PolicyLabor & Education

Government to provide more than HUF 15 billion in incentives to recruit job seekers

The program Enterprise Workforce Support Program is yet more tangible help for people looking for work.

The total resources allocated to the program to support businesses in the labor market have already exceeded HUF 15 billion. So far, more than 34,000 new employers of registered job seekers have applied for the scheme and some 28,000 new employees have been awarded government support, Tamás Schanda, Parliamentary and Strategic State Secretary at the Ministry of Innovation and Technology, announced.

As MTI reported, the ministry’s statement on Thursday said that the labor subsidy for enterprises originally encouraged employers to hire people under 25 and those with low education levels. Since the beginning of the summer, the state contribution can be claimed for hiring all job seekers registered for at least a month. In the case of full-time employment, the subsidy can amount to half of the wage costs, up to a maximum of HUF 100,000 per month. Employers can thus receive up to HUF 600,000 in total for hiring a new colleague over six months.

The new wage subsidy, available from November with the extension of the scheme, is specifically targeted at qualified job seekers under 30. For the first 90 days, the costs of allowing new recruits to gain work experience will be reimbursed, and then, for six months afterwards, they can also apply for the Enterprise Workforce Support Program. The government can help a young skilled person get a job by covering a total of more than HUF 1.9 million in employer costs. In the first few weeks, 147 people applied for a total of more than HUF 124 million. 

The detailed conditions of the scheme are available at munka.hu.

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