INTERVIEW
Emmanuel Macron confirmed Wednesday that the aid of 4,000 euros for the hiring of a young person at the start of the school year will finally be increased to a salary of two minimum wage, as indicated the day before by union sources. During a visit to the Château de Chambord, in Loir-et-Cher, to meet young people not going on vacation and participating in the "Summer quarters" program, the Head of State detailed the " extremely powerful youth employment aid system "set up by the government to deal with the consequences of the Covid-19 crisis on the labor market.
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This set of measures includes "a form of premium which removes all charges that exist up to two minimum wage for the youngest at the start of the school year, which goes up to 4,000 euros exemption from charges", he said. explained, alongside the Minister of Labor Elisabeth Borne. Initially, this aid was to be limited to salaries of 1.6 Smic but the Medef ruled that this would exclude the most qualified young people whose starting salaries may be higher.
This aid should concern the vast majority of young people hired
This aid - technically "a compensation of contributions" - will be paid quarterly in installments of 1,000 euros and may be affected for the hiring of a young person under 25 years of CDI or CDD of at least three months, indicated union sources after a meeting at the labor ministry on Tuesday. With this threshold raised, it should concern the vast majority of young people hired. It will last a maximum of one year, ie 4,000 euros for a CDI or CDD of at least one year.
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It will concern all hires that will take place within six months after the entry into force of the device, probably in September. According to union sources, the ministry referred to a budget of 1.2 billion euros for the operation and would expect 600,000 hires. The entire youth plan must be detailed Thursday by Prime Minister Jean Castex during a trip to Besançon.