The Plan aims to encouraging employers to hire unemployed people. The Scheme aims to tackle unemployment by providing incentives to employers to hire the unemployed by subsidizing part of the salary cost of the person to be hired. The Scheme is included in the measures of active employment policy promoted by the Government for the integration of the unemployed in the labor market through their placement in subsidized jobs, including the provision of vocational training.
Moreover, the person covered (candidate for employment) must have been registered as unemployed at the District or Local Employment Office (Public Employment Service -PES).
Eligible expenditure is the salary cost paid by the employer for the employment period, the amount of which will be specified in the Public Funding Agreement. The employment date and submission of the relevant application must be made within the period of the call from 31/5/2021 until the exhaustion of the total budget or relevant announcement.
Who cannot participate in the Scheme:
The person hired through the Plan must fill a vacancy notified by the Employer to the Public Employment Service (PES) before submitting the application for participation in the Plan. It is clarified that the date of recruitment and the submission of the application cannot be the same.
The date of recruitment of the individual must be within the validity period of the invitation of the Plan and must precede the date of submission of the application for participation. The application form must be submitted within one month from the date of recruitment.
Applications can be send only with email (in pdf ) from 31/5/2021 until the exhaustion of the total budget or relevant announcement.
Other terms for inclusion in the Scheme, apart from those mentioned above, include:
The Plan may potentially be co-funded The Plan may be co-financed by the European Union and the Government of Cyprus.
The method of simplified cost forms will be used to calculate the amount of the sponsorship. The cost unit for the specific Grant Plan is set at € 48 / working day and corresponds to the amount of sponsorship that each beneficiary will receive for each working day to be completed by the beneficiary, regardless of the actual salary costs borne by the employer / beneficiary.
The grant will be provided for ten (10) months of employment with the employer’s obligation to maintain the employment of the employee for two (2) additional months without subsidy.
Department of Labour – Intermediate Body Managing subsidies
Labour Officer A