GSS EU Science Funding Gateway

Other terms for inclusion in the Scheme, apart from those mentioned above, include:

• The recruitment of the individual through the Scheme represents a net increase in the number of employees in the business who hold the same occupation as the person employed. The comparison is made between the month preceding the recruitment and the month of recruitment. Any reduction of staff in the above period is not justified unless the job or jobs were vacated following voluntary retirement, retirement due to age, or statutory dismissal for reasons referred to in section 5 of the Termination of Employment Act 1967 ( N.24 / 1967) as amended (http://www.cylaw.org/nomoi/enop/non-ind/1967_1_24/).
• The employer has not previously received any subsidies from Co-financed Plans during the Programming Period 2021-2027 for the same person. Also the (candidate for employment) must not have worked for the employer in the eight months preceding the date of the invitation to the same employer.
• The persons to be subsidized must belong to the target group as defined in the Plan, be citizens of the Republic of Cyprus, or a citizen of any other Member State of the European Union or a third country national, residing legally in an area under the control of the Republic of Cyprus.
• Employers will commit not to reduce the staff of their business in the same occupation for which the person who is part of the Plan is hired for the FSB period. Any reduction of staff in the above period is not justified unless the job or jobs were vacated following voluntary retirement, retirement due to age, or statutory dismissal for reasons referred to in section 5 of the Termination of Employment Act 1967(N.24/1967)as amended http://www.cylaw.org/nomoi/enop/non-ind/1967_1_24/ ).
• An employer may not be subsidized for the same person, during the same period for, the same type of expenditure (eg salary) from different Institutions / funds.
• The employer must not have exceeded the maximum number of people recruited through the Scheme per call which is set at five (5) people.
• The salary cannot be lower than that provided at the Ministerial Decree for a Minimum monthly salary of €870 and the adjustment after six (6) months of employment to €924 (even if the particular occupation / job in which the person is hired is not included in not specified in the Decree.)
• A basic requirement for participation in the Scheme is that no employee has been dismissed during the period 1/3/2020 to 31/12/2020, excluding cases where dismissal without notice is justified. It is understood that businesses will not be able to dismiss any employees for financial reasons during the above mentioned period.

Detailed  information visit the Department of Labor website (http//www.mlsi.gov.cy/dl)

The Plan may potentially be co-funded by the European Youth Initiative and the European Social Fund (ESF).