Scaling the Voucher Program in Hungary
This content discusses the funding sources and evolution of a voucher program in Hungary aimed at enhancing employability and mitigating economic impacts. It outlines cooperation efforts and upcoming implementations to strengthen social impact vouchers in the country.
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Presentation Transcript
Interreg SIV Webinar Series 25th of May 2022 Scaling the Voucher Program in Hungary Anna M sz ros IFKA (PP4)
OBJECTIVES Logic of funding social impact vouchers Private capital Employers Employment Social impact vouchers Social impact fund Job seekers Public funding 2 TAKING COOPERATION FORWARD
VOUCHER MODEL DEVELOPED BY IFKA 3 TAKING COOPERATION FORWARD
FUNDING THE VOUCHER PROGRAM IN HUNGARY 1. There are different public sources ( HU Government, ESF, ERDF) available with traditional instruments or solutions 2. The private impact investment sources in Hungary are limited and the investors require return on their investment 3. To handle the crisis situation in the labour market caused by COVID more traditional instruments were introduced by the Government 4 TAKING COOPERATION FORWARD
EVOLVEMENT OF THE VOUCHER PROGRAME Interreg SIV program Voucher Model developed by IFKA Pilot Program implemented by TUTOR Foundation in the frame of the Emerging Settlements program 2019 2020 2021 2022 Study done by IFKA for scaling voucher program Inclusion the model into the Emerging Settlement call funded by RRF 2022 Implementation planned between 2023-2026 5 TAKING COOPERATION FORWARD
FUNDING OF VOUCHER PROGRAM Recovery and Resilience Plan" (HET) component C: "Programme for Emerging Settlements" (FETE) Objective: job socialisation and skills development based on local specifics The programme is implemented by the Hungarian Charity Service of the Order of Malta, in cooperation with the Hungarian Baptist Aid and the Hungarian Interchurch Aid. 6 TAKING COOPERATION FORWARD
EMPLOYMENT VOUCHER PROGRAMME The voucher program is to contribute to the employability and employment enhancement objectives of the FETE. The voucher program objectives: 1. Contributing to economic growth through creating jobs 2. Strengthening resilience 3. Mitigating the social and economic impact of the crisis 7 TAKING COOPERATION FORWARD
ELEMENTS OF EMPLOYMENT VOUCHER PROGRAMME Long term unemployed Target group: Micro and social enterprises, SME s and multinational companies in the region Issuer of the vouchers,leader the priority program The Hungarian Charity Service of the Order of Malta Professional labor market service providers,recruitment companies Labour market services provided by: 8 TAKING COOPERATION FORWARD
MODULES OF EMPLOYMENT VOUCHER PROGRAMME Services included in the program Workforce availabilty survey in cooperation with FETE mentors Workforce demand screening Workforce pre-screening Workforce deployment Recruitment services Recruitment services Wage subsidy: wage costs of target group members , wage costs of mentor in the workplace Wage subsidy: - For target group members, up to a proportion of the minimum wage or guaranteed minimum wage + contributions - For workplace mentors, up to the guaranteed minimum wage + contributions Services to support the on-the- job training and skills development of target group members 9 TAKING COOPERATION FORWARD
MODULS OF EMPLOYMENT VOUCHER PROGRAMME Services included in the program Health assessment, medical advice Start up kit ( working clothes, hygenie kit) Transportation of the workforce Accomodation for the workforce One off entry bonuses Services to integrate and retain target group members Service-related data collection, administration and reporting for the FETE programme All service moduls 10 TAKING COOPERATION FORWARD
FUNDING OF EMPLOYMENT VOUCHER PROGRAMME Hungary Recovery and Resilience Plan" (HET) component C: "Programme for Emerging Settlements" (FETE) Amount in HUF ( EUR) Name of Service Recruitment services 254 000 000 ( 668 421 ) Services to support the on-the- job training and skills development of target group members 128 000 000 ( 336 842) Services to integrate and retain target group members 96 000 000 ( 252 632) 24 000 000 ( 63 158) Data collection 11 TAKING COOPERATION FORWARD
CONTACT INFORMATION IFKA Public Benefit non-profit Ltd. Budapest Andr ssy t 100. 1062 Hungary https://ifka.hu/ meszaros.anna@ifka.hu +36 70 4762652 12 TAKING COOPERATION FORWARD
