State offers companies incentives for hiring students during holidays
The state provides financial incentives to companies hiring students and pupils during holidays. Companies receive 330 lei monthly for each young employee, with a maximum of 60 eligible working days per year. This incentive represents 50% of the Social Reference Indicator (ISR), currently valued at 660 lei. Employers are required to sign a convention with the county employment agency within 30 days of hiring. The incentive is not applicable for hires before the official start of the holiday or beyond 60 days for the same employee.
The state has introduced a financial incentive aimed at encouraging companies to hire students and pupils during their holiday periods. Companies participating in this program receive a monthly support of 330 lei for each young employee they hire. This financial support is capped at a maximum of 60 eligible working days per year for each student or pupil employed.
According to the National Agency for Employment (ANOFM), this incentive amounts to 50% of the Social Reference Indicator (ISR), which is currently set at 660 lei. Employers are expected to cover the remaining salary costs from their own funds.
To qualify for this support, employers must enter into a formal agreement with the respective county employment agency. This process needs to be completed within 30 days of the hiring date. Additionally, for workers under the age of 18, a full-time work schedule is defined as 6 hours per day, or 30 hours per week.
that the incentive is not applicable for employment that begins before the official start of the holiday period. Furthermore, the financial support cannot be extended beyond 60 days of work for the same young individual within the year.
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