Wage subsidies

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Payroll licensing - one of the employment policy instruments to exert influence on the workforce. The main purpose of wage subsidies and employment is to maintain or increase its current level in private enterprises. Such actions take place at the time of strong inflationary pressures, where opportunities for job creation by stimulating global demand are limited. There is a selective impact on employment by subsidizing part of the wage costs of private companies.

Payroll payments can take the following forms:

The amount of subsidy depends on:

The advantage of using such solutions in the process of stimulating demand is that they do not cause inflationary pressures. This tool makes the workforce less expensive for the employer. Bibliography

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