WORK EXPERIENCE

Term used to refer to the scheme providing subsidized places for work experience within enterprises which was introduced by Regulatory Order No. 74 of August 10, 1985 as a form of bridge between full-time education and working life. The Institute of Employment and Vocational Training is able to give financial assistance to participating employers in the form of non-repayable subsidies whose amount is fixed annually by the Institute. The young people concerned, who conclude a work experience contract with the enterprise, are entitled to an allowance which varies according to their level of educational qualifications and is fixed on the basis of unemployment benefit.