Aid to hire the unemployed and retrain those who exhaust benefits

Automatic summary, not yet reviewed

1. Companies that hire people under 30 or long-term unemployed with part-time contracts (between 50% and 75% of a full schedule) get a reduction in their Social Security contributions for twelve months: 100% if the workforce is under 250 people and 75% if it is 250 or more. The hire must mean a net increase in staff, and the job must be kept while the reduction lasts.
2. If temporary contracts become permanent within a year, the company can get additional contribution discounts. Cooperatives, worker-owned companies and self-employed people who hire people from these groups can also benefit.
3. A six-month program is created for people who exhaust their unemployment benefits starting February 16, 2011. It includes a personalized insertion plan and, for those with low income, a monthly payment of 75% of the IPREMIPREM A Spanish public income indicator used as a reference amount to calculate benefits and subsidies. for up to six months, conditional on taking part in the plan.
4. For one year, public employment services will offer individual, personalized employment plans to young people, people over 45 who are long-term unemployed, and workers from construction or other crisis-hit sectors with low qualifications, combining guidance and training.
5. During 2011, in training programs aimed mainly at employed people, between 20% and 40% of the places must go to unemployed people.
6. 200,000,000 euros are allocated to fund the retraining payments. In addition, within six months the Government will draw up an employment strategy for older workers, and a plan to strengthen public employment services by December 31, 2011.

Who it affects

• Companies (also self-employed people, cooperatives and worker-owned companies): Can pay far lower Social Security contributions for twelve months if they hire young or long-term unemployed people part time.
• People under 30 and long-term unemployed: Can get a job with reduced employer contributions if they are registered at the employment office.
• People who exhaust their unemployment benefits: Receive a personalized retraining plan and, if they have little income, a payment for up to six months.
• People over 45 who are long-term unemployed and workers from crisis-hit sectors: Can take part in guidance and training plans to improve their job prospects.
• Unemployed people: Are reserved 20% to 40% of the places in training programs aimed at employed people during 2011.

Words worth knowing

Cuotas empresariales a la Seguridad Social

Money the employer pays to Social Security for each worker; a reduction means paying less.

IPREM

A Spanish public income indicator used as a reference amount to calculate benefits and subsidies.

Prestación contributiva

Unemployment benefit received by those who have paid contributions before; the subsidio is the aid for those not entitled to it.

Contrato a tiempo parcial

A contract with fewer working hours than a full-time schedule.

Salario Mínimo Interprofesional

The minimum wage that can legally be paid for a full-time job.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries