This program consists of granting the employer financial support for the permanent, full-time hiring of unemployed young people, registered with the IEFP, with higher education qualifications, and whose remuneration established in the contract is equal to or higher than the entry-level salary level of a graduate in the general career of senior technician in Public Administration, which corresponds, in 2024, to €1,385.98, combined with financial support
to the payment of social security contributions, in the first year of validity of the supported employment contracts.

The program also provides for the granting of financial support to young people to help them become independent.

Goals:

• Attract and retain qualified young talent, as well as support their empowerment
• Promote the improvement and quality of employment, encouraging more stable employment relationships and setting salaries appropriate to the qualifications of young people
• Promote the improvement and quality of employment, encouraging more stable employment relationships and setting salaries appropriate to the qualifications of young people

Supports:

Financial support for the employer:
✓ Financial support for hiring corresponding to:
a) 18 times the value of the social support index (IAS)* for applications submitted during the years 2023 and 2024
b) 12 times the value of the IAS, for applications submitted during the year 2025
c) 10 times the value of the IAS, for applications submitted during the year 2026

Increases in support
• 3 times the value of the IAS when the following is involved:
➢ Job located in inland territory, under the terms defined by Order No. 208/2017, of July 13, in its current wording
➢ Employer that is a party to a collective labor regulation instrument (IRCT), under the terms of article 2 of the Labor Code
➢ The hiring of a young person who is in a situation of long-term unemployment (LTE), considering as such a young person who has been registered with the IEFP for at least 12 months
➢ Job in a startup or scaleup company, recognized under the terms defined by Law No. 21/2023, of May 25, in its current wording
• 4.2 times the value of the IAS when hiring a young person with a disability

✓ Financial support for the payment of social security contributions, corresponding to half of the value of the contributions payable by the employer, during the first year of the contract's validity, and cannot exceed the limit of 7 times the value of the IAS (€3,564.82).

Financial support for qualified young people:
✓ Financial support for the autonomy of qualified young people, corresponding to €150 per month during the first year of the employment contract

More information here:

Ficha Sintese AVANCAR_29-01-2024