Key aspects of "Employment Reform"... in 10Minutos
In ten seconds:
Legislative Royal Decree was published in the Official State Gazette on 17 June 2010 and took effect on the following day, except for the provisions concerning employment agencies that will not be applicable until the relevant enabling regulations come into effect.
It contains a series of measures that aim to promote stable employment (restrictions on the use of unjustified temporary contracts) and increase internal flexibility in companies (temporary reduction in working hours during crisis situations, salary cut agreements, etc.).
It drives the use of employment promotion contracts in order to promote indefinite contracts and offers subsidies to companies hiring young people and the unemployed.
It regulates non-profit employment agencies.
FOGASA will bear part of the severance indemnities paid on objective dismissals for economic reasons.
