Min­is­ter: Over 40,000 jobs cre­ated in 1Q17

Azer News - - Business - By Sara Is­rafil­bay­ova

More than 26,700 peo­ple got new jobs in the first quar­ter 2017, said Salim Mus­limov, the Min­is­ter of La­bor and So­cial Pro­tec­tion of Azer­bai­jan.

Mus­limov, ad­dress­ing a meet­ing with rep­re­sen­ta­tives of the Amer­i­can Cham­ber of Com­merce in Azer­bai­jan [AmCham], noted that more than 40,000 jobs were cre­ated dur­ing the pe­riod.

He went on to say that a bill on "On un­em­ploy­ment in­surance" was sub­mit­ted to the Milli Ma­jlis [Par­lia­ment] and added that he at­taches par­tic­u­lar im­por­tance to the co­op­er­a­tion of the Min­istry with AmCham.

In ac­cor­dance with the draft law, the in­surance pre­mium will be equal to 1 per­cent of the amount of the in­sured's salary, of which half will be paid by the em­ployer and the other half by the em­ployee. This is the low­est fig­ure in the world, as in some coun­tries the con­tri­bu­tion is up to 35 per­cent of wages.

The amount of pay­ments will be dif­fer­en­ti­ated de­pend­ing on the length of ser­vice and time spent with­out work. If the in­sured's work ex­pe­ri­ence is more than 10 years, the pay­ment will be equal to 65 per­cent of the salary that he re­ceived dur­ing the last 12 months, if the ex­pe­ri­ence is less than 3 years, the in­surance pay­ment will be min­i­mal.

“Within the frame­work of the prin­ci­ple of sep­a­ra­tion of so­cial re­spon­si­bil­ity in the sphere of em­ploy­ment put for­ward by the Pres­i­dent, ac­tive mea­sures to se­cure em­ploy­ment were con­tin­ued on the ba­sis of the va­can­cies of state com­pa­nies. The la­bor con­tract was ex­tended with 17,900 em­ploy­ees, while 23,000 em­ploy­ees con­cluded new la­bor con­tract with the em­ployer in the first quar­ter of 2017. Tak­ing into ac­count the va­can­cies pre­sented out­side of this frame­work, in the first quar­ter of 2017, 26,700 peo­ple were pro­vided with work. 1.226 peo­ple were in­volved in train­ings and ad­di­tional ed­u­ca­tion cour­ses,” the min­is­ter stated.

The Min­is­ter also in­formed the par­tic­i­pants about the re­forms in the sphere of pen­sions, changes in the “Law on la­bor pen­sions”, their nature and goals, work car­ried out in the field of so­cial part­ner­ship and so on.

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