Youth employment assistance

Employment assistance for young Monegasques or residents, under the age of 26, looking for a first job or first permanent professional integration, registered with the Commission for the Integration of Graduates and the Youth Employment Unit allows companies that recruit them to benefit from reimbursement of employer contributions (CCSS, CAR, AMRR, ASSEDIC, CET), for a maximum period of two years.

The conditions are as follows:

• All employers are eligible unless the hiring is made by an employer who made an economic dismissal in the same position less than one year before hiring
• The employer must propose:
  • Directly a CDD of at least 2 years or
  • Directly a CDI
  • A 2-year fixed-term contract or a CDI following a first fixed-term contract lasting a maximum of 6 months
  • The employer undertakes not to dismiss the employee for the duration of the fixed-term contract or for 2 years for the conclusion of a permanent contract, except for serious misconduct and incapacity. Otherwise, the employer will have to return the full amount of social security charges that will have been assumed by the State.

 This measure is open to employers until June 30, 2021.