The purpose of this scheme is to help alleviate the problem of unemployment by attracting unemployed people who would like to be occupied on the basis of Flexible Employment, while simultaneously providing businesses with the means to cope with the difficulties that have risen by the economic crisis in the creation of new job openings, while achieving at the same time the most efficient ways of organizing and improving their competitiveness.<\/p>\n
Eligible for inclusion in the scheme are:<\/p>\n
\u2022 Enterprises\/organizations active in any economic sector,\u00a0which have not reduced the number of employees after the announcement of the scheme on<\/strong>\u00a019\/04\/201<\/strong>3<\/strong>\u00a0and will create one or more new job openings with adjustable conditions. They must also meet the terms and conditions of state funding in the frame of De minimis Regulation.<\/p>\n \u2022 Individuals who are\u00a0registered as unemployed<\/strong>\u00a0at the Public Employment Service and are citizens of the Republic of Cyprus, or any other European Economic Area member country, or have just the same rights as those, who are legally residing in areas which are under the jurisdiction of the Republic of Cyprus, and have the right to freely engage the labor market.<\/p>\n To the enterprises\/organizations included in the scheme, a subsidy of\u00a065%\u00a0<\/strong>on wage costs of a person is granted, and \u20ac200 per month for travel expenses, for a period of 8 months, provided that the employment\u00a0lasts for at least 10 months<\/strong>.<\/p>\n Companies should have\u00a0all their obligations arranged<\/strong>\u00a0in regards to Social Insurance, the Value Added Tax and Income Tax.<\/p>\n The salary of the employee\u00a0should not be less than \u20ac870 gross,<\/strong>\u00a0and based on the Scheme, a raise should be given after 6 months of employment.<\/p>\n","protected":false},"excerpt":{"rendered":" The purpose of this scheme is to help alleviate the problem of unemployment by attracting unemployed people who would like to be occupied on the basis of Flexible Employment, while simultaneously providing businesses with the means to cope with the difficulties that have risen by the economic crisis in the creation of new job openings, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[],"tags":[30],"class_list":["post-738","post","type-post","status-publish","format-standard","hentry","tag-closed"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/posts\/738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/comments?post=738"}],"version-history":[{"count":0,"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/posts\/738\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/media?parent=738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/categories?post=738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eurosc.eu\/en\/wp-json\/wp\/v2\/tags?post=738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}