Compensation for employers who employ young people

Labor Law
Law Services - Compensation for employers who employ young people
      So, you graduated from ZVO this year and are looking for a job for the first time?
Don’t worry, you’re not overboard. The employer is also interested in taking you
      ❓Who are the “youth” and for whom are additional guarantees established?
Youth (young people) – persons aged 14 to 35 who are citizens of Ukraine, foreigners and stateless persons who are in Ukraine legally (paragraph 17 of Article 1 of the Law of Ukraine “On Basic Principles of Youth Policy” of 27.04 .2021 № 1414-IX).
According to item 4 of Art. 14 of the Law of Ukraine “On Employment” of 05.07.2012 № 5067-VI to the category of citizens who have additional guarantees in promoting employment, includes:
young people who have completed or stopped studying in institutions of general secondary, vocational (vocational and technical), professional higher and higher education,
young people who have resigned from military or alternative (non-military) service, military service at the call of reservists during a special period (within six months after graduation or termination of training or service)
The main criterion is that these persons are hired for the FIRST TIME
        ❓Why is it to the employer?An employer who employs this category of citizens with the status of unemployed in the direction of the relevant employment center for a period of not less than 2 years, monthly for 1 year from the date of employment is reimbursed actual costs in the amount of a single contribution to compulsory state social insurance , for which it is paid, at the expense of funds provided in the budget of the Fund of Compulsory State Social Insurance of Ukraine in case of unemployment.

The algorithm for payment of this compensation is defined in the Procedure for compensation of employers for expenses in the amount of a single contribution to the obligatory state social insurance, approved by the Resolution of the Cabinet of Ministers of Ukraine of 15.04.2013 №347