Three-year halving of contributions (from 30 to 15%) on the first permanent contract for 300 under 35s each year. The cost for the State, assuming a maximum discount of 3 thousand euros for each employer, would reach 2018 million euros in 900, to then rise to 1,5-2,5 billion when fully operational. According to advances reported by Il Sole 24 Ore, this would be the content of the maxi incentive for stable hiring of young people that the government could put in place next autumn, with the new Budget law.
The measure “will be a little more selective than the previous one – explains Marco Leonardi – head of the Palazzo Chigi economic team – In fact, it will not be necessary to have had permanent contracts in the past months and the measure will essentially aim to reward companies that do not lay off. On the other hand, telematic and rather easy methods of using the relief would be confirmed. We plan to replicate the mechanism developed for the Youth Guarantee employment bonus, which will expire at the end of the year, financed with 200 million EU funds, and which is working quite well: over 38 applications were submitted to INPS between January and May to get the incentive”.
The operation is delicate, because the government does not want to discourage the use of the apprenticeship contract, for which there is a contribution reduced to 10% for three years, four in the case of stabilization (for the "school" one it drops to 5 % this year). Without forgetting that the apprenticeship also imposes on the company the obligation to train the new hire.
As for the permanent contract, initially the contributions are 30-33% (without training commitments for the company) but from next year, in fact, they could drop to 15% for the first three years of permanent employment.
The contours of the new measure are already clear, but its effective implementation will depend on the resources that the government will have available for the next manoeuvre. Thanks to the higher growth compared to the estimates of the last Def and above all to the additional revenue provided by the fight against tax evasion, the executive could find itself managing a dowry greater than that currently envisaged by the MEF. If so, the plan could change. In two directions: a cut in Irpef on households, as Matteo Renzi would like, or more substantial intervention on the wedge, as the Treasury would prefer.
