Department of Labour

Schemes for Subsidies




Programmes for employment incentives


1. "Scheme that provides incentives for the Labor of Unemployed'


The Plan aims to encouraging employers to hire unemployed people. The Scheme aims to tackle unemployment by providing incentives to employers to hire the unemployed by subsidizing part of the salary cost of the person to be hired. The Scheme is included in the measures of active employment policy promoted by the Government for the integration of the unemployed in the labor market through their placement in subsidized jobs, including the provision of vocational training.
Call Total Budget: €17,000,000
Thematic Categories:
Employment
Eligibility for Participation:
Employers
Call Opening Date: 23/10/2020
Call Closing Date: until the exhaustion of the total budget or relevant announcement.

National Contact Point(s):
Department of Labour - Intermediate Body Managing subsidies
Marios Evgeniou
Labour Officer A
email: mevgeniou@dl.mlsi.gov.cy
tel: 22400907
fax: 22400879

2. "Scheme that provides incentives for the Labor Restoration of Detainees'

The Plan aims to facilitate the social reintegration and rehabilitation of people who have been released from the Central Prisons of the Republic of Cyprus by providing incentives to employers for their recruitment. The Plan is part of the active employment policies promoted by the Government to combat poverty and social exclusion, in particular the active inclusion of vulnerable groups in the labor market.
Call Total Budget: €4,000,000
Thematic Categories:
Employment
Eligibility for Participation:
Employers
Call Opening Date: 23/10/2020
Call Closing Date: until the exhaustion of the total budget or relevant announcement.

National Contact Point(s):
Department of Labour - Intermediate Body Managing subsidies
Marios Evgeniou
Labour Officer A
email: mevgeniou@dl.mlsi.gov.cy
tel: 22400907
fax: 22400879

3. 'Scheme that provides incentives to recruit Young People (aged 15-29) not in employment nor Education or Training (NEETs)'

The Scheme aims to encourage employers to recruit young people (aged 15 to 29) years old neither in Employment nor in Education or Training (NEETs). The recruitment is for full time employment.

The Scheme aims to alleviate youth unemployment (aged 15 to 29) years neither in Employment nor in Education or Training ( NEETs) and the sustainable integration of young people in the labor market, by placing them in subsidized jobs and further gaining work experience. The Scheme is included in the measures of active employment policy promoted by the Government for the implementation of the "Youth Guarantee".
Call Total Budget: €10,000,000
Thematic Categories:
Employment
Eligibility for Participation:
Employers
Call Opening Date: 23/10/2020
Call Closing Date: until the exhaustion of the total budget or relevant announcement.

National Contact Point(s):
Department of Labour - Intermediate Body Managing subsidies
Marios Evgeniou
Labour Officer A
email: mevgeniou@dl.mlsi.gov.cy
tel: 22400907
fax: 22400879

4. "New Scheme Providing Incentives to hire people with chronic diseases'

The project aims to encourage employers to recruit people with chronic illnesses and is part of the active employment policies promoted by the government to combat poverty and social exclusion, in particular with regard to the active inclusion of vulnerable groups in the labor market

The Scheme covers only unemployed people with Chronic Diseases interested in full or part time employment. Moreover, the person covered (participant) must have been registered as unemployed at the District or Local Employment Office (Public Employment Service - PES) before their employment date.

Τhe grant can reach 75% of the employee’s salary costs up to a maximum of €20.000 for twenty-four (24) months of employment.
Call Total Budget: €2,000,000

Thematic Categories: Employment

Eligibility for Participation: Employers

Call Opening Date: 20/5/2019

Call Closing Date: until the exhaustion of the total budget or relevant announcement.

National Contact Point(s):

Department of Labour -Intermediate Body Managing subsidies
Marios Evgeniou
Labour Officer A
email: mevgeniou@dl.mlsi.gov.cy
tel: 22400907
fax: 22400879Website

5. "Scheme Providing Incentives to employ people with disabilities'’

The Scheme aims at encouraging employers to hire people with disabilities and to moderate their reluctance to hire people with disabilities either due to the impression that this will not be effective or because the salary is considered too high . It is expected that to join one hundred (100) people from the target Group will benefit from the scheme.

The Scheme covers ONLY unemployed people with disabilities interested in full or part time employment target. Moreover, the person covered (candidate for employment / recruitment) must have been registered as unemployed in the District or Local Employment Office (Public Employment Service - PES) before the employment date.

They should submit confirmation from the Cyprus Confederation of Organizations of the Disabled (CCOD).

Τhe grant can reach 75% of the employee’s salary costs up to a maximum of € 20.000.
Call Total Budget: €2,000,000

Thematic Categories:

Employment

Eligibility for Participation:

Employers
Call Opening Date: 24/10/2016
Call Closing Date: 25/11/2016

National Contact Point(s):

Department of Labour - Intermediate Body Managing subsidies
Marios Evgeniou
Labour Officer A
Email: mevgeniou@dl.mlsi.gov.cy
tel: 22400907
fax: 22400879



6. Scheme providing incentives for employment of the unemployed

This scheme is about providing incentives for hiring unemployed individuals in the private sector. Financial aid of 60% of the yearly wage cost with maximum amount of €7.200 per person per semester is provided. The subsidy is granted only for the first 6 months of employment.

Aim of this scheme is to alleviate the effects that the financial crisis has induced on the labour market.

Implementation period: from 27/11/2009 until 30/06/2011. Last applications should be received in December 2010.

The Scheme is co-financed by the European Social Fund and the Republic of Cyprus within the framework of the Operational Programme “Employment, Human Capital and Social Cohesion” 2007-2013.

Approved budget: €6.000.000. About 1000 - 1200 unemployed are expected to benefit from this Scheme.


7. Scheme providing incentives for hiring individuals with disabilities

This Scheme is about providing incentives for hiring individuals with disabilities in the private sector and Local Authorities. Financial aid of 75% of the annual wage cost with a maximum amount of €15.000 per person per year is provided for the first 24 months of employment. Additionally financial aid up to 25% of the eligible costs with a maximum amount of €5.000 per person, for adapting premises, adapting or acquiring equipment, or acquiring and validating software for use by disabled workers, where the beneficiary provides sheltered employment, the costs of constructing, installing or expanding the establishment concerned, and any costs of administration and transport which result directly from the employment of disabled workers.

Aim of this scheme is to encourage employers to hire individuals with disabilities.

Implementation period: from 29/09/2009 until 30/06/2014.

The Scheme is co-financed by the European Social Fund and the Republic of Cyprus within the framework of the Operational Programme “Employment, Human Capital and Social Cohesion” 2007-2013, under Priority Axis 2“ Expansion of the Labour Market and Social Cohesion”.

Approved budget: €1.000.000. About 120 unemployed disabled individuals are expected to benefit from this Scheme.


8. Scheme providing incentives for hiring disadvantaged individuals

This scheme is about provision of incentives for hiring disadvantaged individuals in the private sector and Local Authorities. Financial aid of 65% of the annual wage cost with a maximum amount of €13.000 per person per year is provided for the first 12 months of employment. Additionally an allowance for transportation costs to and from the workplace will be offered to employees.

Aim of the scheme is the full time employment of disadvantaged individuals.

Implementation period: from 19/03/2010 until 30/06/2014.

The Scheme is co-financed by the European Social Fund and the Republic of Cyprus within the framework of the Operational Programme “Employment, Human Capital and Social Cohesion” 2007-2013, under Priority Axis 2 “ Expansion of the Labour Market and Social Cohesion”.

Approved budget: €6.000.000. About 500 unemployed disadvantaged individuals are expected to benefit from this Scheme.

For the purpose of this scheme disadvantaged individuals are considered those who: have not completed the upper secondary education or vocational training (ISCED level 3), aged 15-24, aged 50 and more, live alone and have one or more dependents under their care (single parent families), are members of a national minority of Cyprus who need to develop their language skills, vocational training or professional experience in order improve their chances in having easier access to stable employment, receive public aid, are/were under the care/supervision of the Social Welfare Department’s Director, are members of families with mental problems, are ex-prisoners, are ex-users of drug substances, are people with disabilities and are recognized victims of human trafficking.

9. Emergency Employment Scheme Providing Incentives For The Employment Of Young Unemployed Graduates From Beneficiaries Who Enrolled In The Plans Of The Ministry Of Commerce Industry And Tourism Youth Entrepreneurship / Women Entrepreneurship And Business Innovation.

This scheme provides incentives for hiring registered unemployed graduates over 6 consecutive months at the Public Employment Service, under29 years old (graduates of higher education. Higher education regards a period of study of at least 3 years). The participants in the Scheme may only be the employers who enrolled in the plans of the Ministry of Commerce, Industry and Tourism, Youth Entrepreneurship, Women Entrepreneurship and Business Innovation in the programming period 2007-2013.

The Scheme aims to facilitate work placements for long-term unemployed young graduates in full time jobs. The main purpose is the creation of new job positions, to generate income and stimulate economic activity. The budget allocated for this Scheme is € 3.000.000

Implementation Period: The implementation period of the Scheme starts on the date of approval by the Council of Ministers (23/01/2013) and ends on 30/06/2015.

Financial assistance is provided to employers, at 80% of the wage cost of the employee with a maximum amount of € 15.000 per person .The funding is provided only for the first twelve (12) months of employment on the condition that the employee shall be employed for at least eighteen (18) months.

Application Forms and other Information:


Employers who are interested to participate in the Scheme may download the specific application form from the Department of Labor website at www.mlsi.gov.cy/dl. Further information may also be obtained from the Labour Department and the District or Local Offices of the Public Employment Service (PES). Incomplete applications, i.e. with insufficient supporting documents will not be accepted or processed by the Management Agency.



In case the budget allotted for the specific Scheme is exhausted, the Scheme will be terminated by an announcement in the press and the Management Agency will stop receiving applications. Applications for participation in the Scheme may be submitted within one month from the date of public announcement.




Department of Labour

Σχέδια που ισχύει η παραλαβή αιτήσεων

"Scheme that provides incentives for the Labor of Unemployed


Scheme that provides incentives for the Labor Restoration of Detainees


Scheme that provides incentives to recruit Young People (aged 15-29) not in employment nor Education or Training (NEETs).


New Scheme Providing Incentives to hire people with chronic diseases


Scheme Providing Incentives to employ people with disabilities



Σχέδια που έληξε η παραλαβή αιτήσεων


Scheme that provides incentives to recruit Young People (aged 15-29) not in employment nor Education or Training (NEETs).

Scheme Providing Incentives to employ people with disabilities


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