He Bonus for Formalization of Work is a financial aid offered by the Social Security Institute (IPS) to encourage the search for formal employment in Chile. This benefit, intended for participants in the Chile Seguridades y Oportunidades program, provides an amount of $279,000 to those who meet the established requirements. This subsidy is part of the government’s efforts to promote labor inclusion and support those who are in the process of accessing their first formal job.
To access this bonus, it is essential to meet four requirements basics. First of all, you must be over 18 years old and be looking for your first formal job. In addition, you must be enrolled in the Chile Seguridades y Oportunidades program, which provides support to people in vulnerable situations through various initiatives and accompaniments. This program is responsible for helping beneficiaries improve their living conditions, including the labor aspect.
The third requirement This involves participating in the Socio-Labor Support (ASL), a fundamental part of the Chile Seguridades y Oportunidades program. This support includes activities and workshops that seek to improve the skills and knowledge of the beneficiaries, preparing them to better face the world of work. Active participation in these activities is crucial to be able to access the bonus.
Finally, it is necessary to have at least four continuous contributions for health, pension or unemployment insurance, which must be declared and paid during the period of participation in the Socio-laboral Support. These contributions are proof that the beneficiary has entered the formal labor market, which is the main objective of the Bonus for Formalization of Work.
Access to this bonus is automatic for those who meet the following requirements: requirements mentioned. It is not necessary to make a formal application, which simplifies the process for beneficiaries. To verify if you are eligible, you can check with your RUT on the Mi Chile Atiende portal, where you will receive an immediate response about your status as a beneficiary.