Permanently approved on December 23 and published in the Gazetta Ufficiale on December 27, 2013, the 2014 Stability (Finance) Act contains several measures that affect labor law and came into force on January 1, 2014. They range from incentives to stabilize employment to social dampers. Planet Labor, is giving you an overview of the biggest novelties.
Incentives to permanent recruitment. Businesses increasing their workforce compared with last year via permanent recruitments will enjoy deductions from the regional production tax (Irap) for the first three years. There will be a limit – €15,000 per year and per new employee. Businesses turning a fixed-term contract into a permanent one will be reimbursed all (instead of the last 6 months) of the 1.40 percent additional contribution paid for fixed-term contracts (introduced by law No. ...
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