Link

A few employment reforms from Italy’s Ministry

“The decree to amend last summer’s Fornero employment reform by making fixed-term contracts flexible again is on the way. Then comes the key second stage with an attempt to boost youth employment. The main tool is the generational handover, the mechanism that eases older workers out in exchange for new hirings of younger people and which could involve public-sector employees. Other measures contemplated are incentives for businesses to hire young people, tax credits to flesh out the wage packets of the lower paid, a margin of flexibility in the other Fornero (pension) reform and a shakeup for job centres, which are expected to adopt the European mechanism – and funds – of the youth guarantee scheme, aimed at training and employment for the under-25s.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s