7. LEGAL ASPECTS AND INCENTIVES d. Registration of desertion duly accredited according to the grounds for dismissal established in the Labor Code. e. IHSS spreadsheet, highlighting the beneficiaries. *It is important to join the Chamber of Commerce of the locality, as this process is done through this organization. 7.6.3 PROGRAM " CHAMBA JOVEN " It aims to provide financial benefit to young people between the ages of 18 and 30, who have completed the highschool and university studies in search of their first job, for up to 5 months. As well as free labor for businesses. INCENTIVE: a. L 4,300.00 to young people who have completed highschool and/or university interns. b. L 6,000.00 for young university graduates. *Payment is made through the National Agricultural Development Bank (BANADESA). PROCESS OF PARTICIPATION: a. Submit application for participating in the program “Chamba Joven”, attaching sketch map with company ´s address and vacancy profile, if available b. Evaluation of the company by the Program “Chamba Joven”. Only after the program notifies the participation approval, the beneficiary can start the internship. c. Business Registration in the Program “Chamba Joven”, attaching: • Company´s Articles of Incorporation. • Operation Permit.
INVESTOR'S GUIDE HONDURAS 2020 - 2021
• RTN of the company. • Vacancy profile format. d. Signature of an Act of Commitment to participate in the project, by the company’s representative. e. The National Employment Service in Honduras (SENAEH, for its acronym in Spanish), will send the candidates according to the profile of the vacancy for the requested position and the company will select them f. The company will notify the selection of beneficiaries. g. Daily attendance record by the company (to be delivered at the end of each month). h. Notification of desertion of beneficiaries, if any. i. Performance evaluation of the beneficiary and issuance of proof of completion of internship. *The participation in this project involves announced or unannounced visits by the program monitoring department to verify the company’s facilities as well as the functions of the beneficiary. THE EDUCATION BONUS It is for workers who receive up to the equivalent of two minimum wages and who have their children of school age: Kindergarten, Primary school and Highschool. WHO PAYS THE EDUCATION BONUS AND UNDER WHAT CONDITIONS? • Enterprises with 16 and more employees • Payment is once a year, after the first quarterly test • It is proportional based on time worked • Payment is by family
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