Around 20 million Euros extra European funding for sustainable employability
Around 20 million Euros is being made available for ‘sustainable employability’ to help keep more people working productively for longer. This can be achieved by helping employees to stay healthy for example, or enabling them to retrain in good time so they don’t get left behind. The funding has been released from the European Social Funds. This was made known today by Minister Asscher of Social Affairs and Employment Opportunities in his letter to Parliament.
From 19 October to 13 November 2015 (inclusive), companies and organisations can submit an application to Agentschap SZW (Agency SZW) to keep employees working productively for longer. An organisation applying for this funding may receive a maximum of 10,000 Euros, on the condition that the organisation itself contributes half of the subsidy amount. Companies were also able to submit a request for European funding in the autumn of 2014, when around 20 million Euro was also available. Two thousand companies participated in this.
The increase in the retirement age alongside the rapid changes in the labour market, are important reasons to get started with sustainable employability. By doing so, employees can gain new knowledge and skills in good time, to avoid being left behind. The TNO figures from 2014, based on the Nationale Enquête Arbeidsomstandigheden (NEA) (National Labour Conditions Survey), show that employees who indicate that they lack new knowledge and skills, are more frequently absent from work and experience relatively more burn-out symptoms.