Premier Su Tseng-chang (蘇貞昌) yesterday approved a revised NT$6.6 billion (US$219.67 million) subsidy program to aid university graduates seeking employment or undergoing job training.
The program would give graduates NT$20,000 for staying at a job for three months, while those holding a position for six consecutive months would receive NT$30,000, said Shih Chen-yang (施貞仰), deputy director-general of the Ministry of Labor’s Workforce Development Agency.
University graduates who enter construction, manufacturing or skilled nursing would be eligible for a special subsidy of NT$5,000 per month for the first six months, NT$7,000 for the following six months and NT$8,000 for an additional six months, she said, adding: “The ministry seeks to attract 2,000 graduates to construction, manufacturing and nursing.”
The ministry would also pay the tuition of graduates who enroll in its training programs for green energy, information technology, machinery, electrical engineering and other sectors, up to NT$100,000 per person, Shih said.
Graduates who join training programs designed as part of the Cabinet’s “five plus two” innovative industries plan would receive NT$8,000 per month for up to 12 months, while those who enroll in other training programs would receive NT$3,000 per month for up to 12 months, she added.
The ministry hopes to recruit 15,000 graduates to join the training programs, she said.
Companies that provide on-the-job training to employees who graduate this year would receive NT$12,000 per trainee, up to NT$108,000, she said.
If the unemployment rate among university graduates continues to rise, the ministry would implement a program to pay employers up to NT$80,000 over 12 months if they hire a university graduate with a monthly salary of at least NT$28,000, Shih said.
Regarding the size of the subsidy package, which is smaller than the one that the ministry proposed last month, Deputy Minister of Labor Lin San-quei (林三貴) said that the amount had been trimmed after the program was adjusted to reflect the number of students set to graduate this summer, and to allow subsidies to trickle down to employees rather than being predominantly paid to employers.
The program is designed to benefit 140,000 graduates, he said, citing the ministry’s estimate, which excludes students that might move abroad, pursue a higher degree or serve in the military rather than pursue employment.
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