In 2024, various bonuses were introduced for those under 35 who were unemployed, inactive or unemployed. These measures, aimed at young people under 35 without employment, were introduced by the May Day Decree 2024 (also known as the Cohesion Decree), which received approval by the Senate on 25 June 2024. In this guide, we explain in detail what they are, who they are entitled to, when they will arrive and how the 2024 unemployed, inactive or unemployed under 35 bonuses work
.
Table of Contents:
What are the unemployed, inactive or unemployed under 35 bonuses in 2024
The 2024 unemployment, inactive or unemployed under 35 bonuses are aid allocated to unemployed young people under 35 years of age. This aid is provided in the form of concessions, incentives, compensation or vouchers. They were established by Decree-Law No. 60 of 07-05-2024, known as the May Day Decree 2024 or the Cohesion Decree, and are awaiting final approval by
July 4, 2024.
Types of bonuses and how they work
1. Self-employment bonus from Central and Northern Italy
The Central-Northern Italy self-employment bonus supports the start of entrepreneurial activities and liberal professions in the regions of central and northern Italy. The measure is aimed at young people under the age of 35 who are in conditions of marginality, social vulnerability, discrimination, unemployed, inactive or unemployed for at least 12 months, or recipients of the measures of the GOL program
.
The bonus can be provided in the form of:
- Startup voucher: up to 30,000 euros for the purchase of goods, tools and services for starting activities, which can be increased to 40,000 euros for innovative, technological, digital or sustainable goods.
- Non-repayable contribution: up to 65% of the investment for spending programs of up to 120,000 euros, or up to 60% for expenses between 120,000 and 200,000 euros.
2. Rest in the South 2.0
Resto al Sud 2.0 supports the start of entrepreneurial activities and liberal professions in the regions of the South. The measure is aimed at young people under 35 who have been unemployed, inactive or unemployed for at least 12 months, recipients of the measures of the GOL program or in conditions of marginality
, social vulnerability and discrimination.
The bonus can be provided in the form of:
- Startup voucher: up to 40,000 euros for activities with registered office in the South and in the central regions affected by seismic events, which can be increased to 50,000 euros for innovative, technological, digital or sustainable goods.
- De minimis aid: up to 75% of the investment for expenses of up to 120,000 euros, or up to 70% for expenses between 120,000 and 200,000 euros.
3. Green and Digital Self-Employment Bonus
2024
This incentive is aimed at unemployed people under 35 who start business activities in the green and digital strategic sectors. The aid provides for an exemption from paying social security contributions for employees, up to a maximum of 800 euros per month for each worker, for a maximum of three years and no later than 31 December 2028
.
Companies started by these subjects can request a contribution of 500 euros per month for a maximum of three years, always by December 31, 2028.
4. New 2024 youth bonus
The new youth bonus promotes stable youth employment through incentives for private employers who hire staff under 35 with an indefinite contract or transform fixed-term contracts into permanent contracts.
Employers can benefit from an exemption from paying social security contributions of up to 500 euros per month for 24 months, which can be increased to 650 euros per month in the regions of the South (ZES South).
When do the bonuses for young people arrive
The bonuses for the unemployed, inactive and the unemployed under 35 should be operational by the end of 2024. In the coming months, the implementing decrees will be published that will allow the start of any type of aid. We will update this article and inform you through our communication channels, including our free newsletter
.
Other hiring bonuses
The May Day Decree 2024 also introduces other incentives:
- Superbonus for work: tax incentive for companies that hire new employees during the year.
- Bonus ZES 2024: contribution exemption for recruitment in the regions of the South.
- Women’s bonus 2024: contribution exemption for hiring disadvantaged workers indefinitely.
Regulatory references
- Cohesion Decree (May Day Decree) published in the Official Gazette General Series No. 105 of 07-05-2024.
The bonuses for the unemployed, inactive or unemployed under 35 in 2024 offer many opportunities for young people without work. It is important to find out about the requirements and methods of access in order to benefit from these
benefits.
