Aid increaseEndedEmployment and contributionsNational

Generation contract: aid raised to €8,000 when a young person and a senior are hired together

Decree No. 2014-1046 of 12 September 2014 amends Article D. 5121-42 of the Labour Code: when a firm eligible for the generation contract aid hires an older employee and hires the young person no later than six months afterwards, the aid is €8,000, i.e. €4,000 for the young person and €4,000 for the older employee.

Measure originators

InitiatorGVT
François Rebsamen
Gouvernement
Amount
8,000 €
Impact on public finances

No official estimate found for this measure.

Effective date
15 September 2014

Measure impact

Firms eligible for the generation contract that hire both a senior and a young person within six months receive double aid (€8,000 instead of €4,000).

Official references

Law number: Décret n° 2014-1046 du 12 septembre 2014
Official Journal: JORF du 14 septembre 2014

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%
2 / 2 steps
Completed
15 September 2014

Entry into force

Application

Immédiate ou à la date prévue

Entrée en vigueur le lendemain de la publication (le décret ne fixe pas de date particulière).
Completed
14 September 2014

Publication in Official Journal

Publication
Publication du décret n° 2014-1046 du 12 septembre 2014 au Journal officiel du 14 septembre 2014.