Palkkatukimyötäiset

Palkkatukimyötäiset refers to a Finnish employment support measure. It is a form of wage subsidy provided by the government to employers who hire individuals who face challenges in finding employment. The primary goal of palkkatukimyötäiset is to reduce the cost of employing these individuals, thereby making them more attractive to employers.

The subsidy is typically granted for a specified period and a certain percentage of the employee's salary. Eligibility for palkkatukimyötäiset is usually tied to the employment status and the duration of unemployment of the job seeker. Certain groups, such as long-term unemployed individuals, young people, or those with disabilities, may be prioritized for this support.

Employers seeking to utilize palkkatukimyötäiset must apply for it through the relevant public employment services. The application process typically involves demonstrating the need for the subsidy and outlining the terms of employment for the prospective employee. The aim is to facilitate the entry or re-entry of individuals into the workforce, promoting social inclusion and reducing dependence on social benefits.

The effectiveness of palkkatukimyötäiset is often debated, with discussions focusing on its impact on long-term employment rates and potential for creating "deadweight" effects, where employers might have hired the individual even without the subsidy. Nevertheless, it remains a tool used in Finnish labor market policy to address unemployment challenges.