The government is allocating HUF 3.6 billion for the Student Summer Work Program this year, Varga said. The funding could support as many as 30,000 summer jobs, he added.
The monies will cover 75% of wages and payroll taxes for student hires between the ages of 16 and 25 at private businesses in July and August. Local council-owned companies will enjoy a 100% subsidy for student hires during the period.
Last year, more than 29,000 students participated in the program.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
