New aidEndedEmployment and contributionsNational
Hiring aid for young people under 26 in companies with fewer than 10 employees
The decree of 7 February 2012 created State aid for companies with fewer than ten employees hiring, between 18 January and 17 July 2012, a person under 26 on a permanent contract or a fixed-term contract of more than one month. The aid, paid for twelve months, is calculated like a tapering employer contribution relief with a maximum coefficient of 0.14 at minimum-wage level.
Measure originators
InitiatorGVT
Xavier Bertrand
Gouvernement
Impact on public finances
No official estimate found for this measure.
Effective date
18 January 2012
Measure impact
Concerns very small businesses that recruited a young person in the first half of 2012: the aid amounted to up to 14% of gross pay at minimum-wage level for one year.
Official references
Law number: Décret n° 2012-184 du 7 février 2012
Official Journal: JORF n° 0033 du 8 février 2012 (texte n° 16)
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
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2 / 2 steps
Completed
8 February 2012Publication in Official Journal
Publication
Publication du décret n° 2012-184 au Journal officiel (date issue de l'inventaire).
Completed
18 January 2012Entry into force
Application
Immédiate ou à la date prévue
Aide applicable aux embauches réalisées entre le 18 janvier et le 17 juillet 2012 inclus.