3,000 employers pledge to hire 14,000 students
Photo by Pressmaster/Shutterstock.com
Around 3,000 employers have signaled they would employ 14,000 students as part of a state-supported program that places students in temporary summer jobs, the Ministry of Technology and Industry said on its website last week.
The ministry said that based on the 2,000 contracts already signed, more than 8,000 students could start working right away. Around four-fifths of submitted funding applications have come from municipalities.
In the last week of June, interest in the program picked up, with around 2,000 students applying daily, the ministry noted. Under the scheme, local councils are eligible for subsidies covering 100% of student payroll costs for two months, although work hours are limited to six a day.
Businesses in the farm, tourism, and catering sectors are eligible for subsidies covering 75% of payroll for students, who can work up to eight hours a day. Students can earn a gross monthly HUF 195,000 for skilled jobs and HUF 150,000 for unskilled work.
The government has earmarked HUF 2 billion for the scheme this year. The summer jobs scheme has supported the placement of more than 242,000 students in temporary positions with subsidies of over HUF 24 bln since its launch in 2013.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.