Neet: who they are and what incentives await those who hire them

Among the various points contained in the Work decree approved last May 1 by the Government, thought has also been given to the Neet (acronym of the English words Not in Education, Employment or Training), i young between 15 and 29 years old who do not study and do not work. From 1 June to 31 December 2023, employers who decide to hire them will in fact receive an incentive up to 60% of the monthly salary, valid for 12 months. Let’s see what the measure consists of and what are the concessions introduced by the executive.

NEET: how many are in Italy

The issue related to NEETs is somehow connected to the poor results of Youth guaranteea program promoted by the European Union and aimed precisely at this category, in order to offer a qualitatively valid offer of work, internship or training within four months of becoming unemployed, or leaving the formal education system.

In Italy one in five young people between 15 and 29 years not working e does not study. We have exceeded altitude 3 million of people, in practice one in four young people, in the age group between 15 and 34 years (25.1%). If we compare the data at the European level, considering the age range between 15 and 29 established by the EU to identify the phenomenon, theItalia register the higher rate Of Neet (23.1%) against an average of 13.1% for the 27 countries of the Union. A rate, however, substantially unchanged in the last decade and decidedly far from the objective set by Brussels to bring it to 9% by 2030.

What is the measure?

The measure of the Labor decree introduces in summary afacilitation for who assume under 30 who do not work and are not included in study or training courses, and who are registered in the National Operational Programme Youth Employment Initiativethrough which the European Youth Guarantee plan was implemented in Italy, aimed precisely at NEETs and concluded in 2020.

The contribution is recognized for the hiring a indefinite timealso for the purpose of administrationand for theapprenticeship vocational training or trade (second level apprenticeship), excluding domestic work relationships. The incentive will be equal to 60% from the monthly salary taxable amount for social security purposes recognized to the young person hired and will be valid for one year. To request it, employers must go to the INPS website and send the application electronically.

The advantages for those who hire

The benefit will be received through adjustment in the monthly tax returns. It can also be accumulated with the incentive to hire young people under 36 envisaged by the Budget law for 2023 and with other exemptions or reductions of the rates already provided for by other provisions. In case of accumulation, however, the NEET Bonus will drop to 20% of the gross monthly salary. For the measure have been allocated 80 million euros for the 2023 e 51.8 million for the 2024. Employers’ applications will be considered by INPS based on the order in which they are presented and until available resources are exhausted

Referring to STATE dates of 2022, the audience of potential beneficiaries of the measure is over 1.6 million of young people, 19% of the population aged 15 to 29. Even if the percentage is improving, there are areas of the country, such as in particular in the South, where NEETs reach almost 30% of young people.

According to technical report on which the provision is based, in 2023 the new measure could produce approx 70,000 new hires of young people under 30of which 56% (about 39,000 individuals) with a stable contract or professional apprenticeship, for an average monthly salary (calculated on 2021) of 1,300 euros.

Companies: how they can apply for the incentive

The request for the use of the incentive, it is sent, as anticipated, through a special letter telematic procedureall’INPS, which within 5 days, always online, communicates the availability of resources in order to access the incentive. In the event of a positive outcome, a reserve of sums equal to the amount envisaged for the subsidy is triggered in favor of the applicant. The sums are recognized on the basis of thechronological order (using the click day mechanism) and in the event of insufficient funds, the procedure stops (in this case, companies that are unable to access the measure will have to wait for refinancing). Within 14 days the subsidized contract must then be signed, which must be communicated again to INPS, under penalty of loss of the funds obtained.

Among the novelties of this incentive, the cumulability with total exemption (three years) for new permanent hires (transformations of fixed-term contracts included) of under 36s carried out by January 1st al 31 December 2023, extended by the latest budget law, but also with other exemptions or reductions in the funding rates provided for by the legislation in force. In the event of combination with other benefits, the incentive is recognized with 20% of the gross monthly taxable salary for social security purposes, for each NEET worker hired.

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