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← Overview Database of Innovative Social Policies in Europe

Implementation of fund providing wage subsidies for larger enterprises

Country of implementation
Hungary
General short description of the innovation
Introduction of a centralized, discretionary fund targeted at saving jobs. The objective was to preserve jobs within larger enterprises. The fund management was delegated to the Ministry of Social Affairs and Labor. In case of planning to fire more than 50 employees, large enterprises could ask for a temporary (max. four months) support not exceeding 135% of the minimum wage.
Target group
Total Population
Policy Field
  • wage
Type of Policy
  • public
Duration of the policy
Jan 2009 - Sep 2009
Scope of innovation
  • Scope: temporary
  • Budgets: 2.3 million EUR
  • Number of intended beneficiaries: no data available
  • Spatial coverage: national
General description of (intended) objectives and strategies
Introduction of a centralized, discretionary fund targeted at saving jobs. The objective was to preserve jobs within larger enterprises. / In case of planning to fire more than 50 employees, large enterprises could ask for a temporary (max. four months) support not exceeding 135% of the minimum wage. /
Nature of the innovation-short-term perspective
short term
Type of ideal-typical strategy for the innovation
  • typical strategy for the innovation (optional; according to Obinger)-encompassing security
Type of innovation
  • retrenchment or expansion of an existing/earlier policy
New outputs
  • subsidies/tax-credits
  • wages
Intended target group
Large enterprises
Working age population
  • main source of income: paid work
Employers-private institutional actors
large enterprises
Actors involved in policy-making/implementation and/or evaluation
  • making/implementation and/or evaluation-central state
  • making/implementation and/or evaluation-employers (organised or individual)
Intended output
  • subsidies/tax-credits
Intended and unintended outcomes
no data available
Clarification of outcomes in terms of impacting resilience and labour market inclusion
Job protection measure
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