On August 30, the National Training and Employment Service (Sence) will deliver an important bond of $646,000, intended for those workers who are part of the most vulnerable 40% of the population, as established by the Social Registry of Households.
The bonus
The Youth Employment Subsidy is a state program aimed at young people between 18 and 24 years and 11 months, who are in a situation of economic vulnerability. To access the program, bondIt is essential that applicants have selected the annual payment option when registering for the program. This will allow them to receive a single payment of $646,000 in August, a sum that can represent a considerable relief for their personal finances.
This bond Its main objective is to be a financial assistance for young people who are in the labour market, either as dependent or independent workers. In order to access it, in addition to age and level of vulnerability, it is essential that beneficiaries are formally working at the time of application.
The Youth Employment Subsidy payment is made monthly, but those who opted for the annual payment will receive the total accumulated sum on August 30, 2024. This modality is especially useful for those who prefer to receive a larger amount in a single payment, which allows them to better plan their finances. This bondAs a single annual payment, it can be used to cover significant expenses, such as education, health or even to start a small personal or professional project.
In addition to the August payment, Sence has scheduled the next payment dates for the Youth Employment Subsidy for the following months. Beneficiaries who opted for the monthly payment option will receive their bond on the following dates: Monday, September 30, Wednesday, October 30, Friday, November 29, and Monday, December 30.
Access to this bond It not only helps to alleviate the financial pressure on these young people, but also promotes their inclusion in the formal labour market, thus favouring their comprehensive development. If you meet the requirements and have not yet applied for the Youth Employment Subsidy, this is an opportunity that you should not miss.
