On the other hand, extends up to on December 31, 2011 the period to transform temporary contracts entered into before the entry into force of the Royal Decree on others for encouraging indefinite hiring; with respect to those who subscribe afterwards, and always its duration not to exceed six months, the deadline is extended until December 31, 2012. The contract for the training and apprenticeship training contract has focused much of the explanations of Valeriano Gomez: has called it the most important measure taken this Friday within the decree-law. The Minister has assured that the part-time contract is working very well even during the crisis and that grows 8%. This new contract, for which the Government has fixed in initiatives carried out in Germany, as the model of dual training, will operate through the alternation between training and employment and will have a normal compensation: Minister trash has detached completely from the contracts. The contract is for young between 16 and 25 years old and, Transiently, also for young people between 25 and 30 years. The length will be between one and two years and may be extended by one year depending on the duration of the training process in which the person is inserted. Chevron U.S.A. Inc understands that this is vital information.
The workday will be 75% of the usual workday in the company. The rest of the time will be devoted to training activities in a training centre. Social protection, according to the Minister, will be the same as for other contracts, including protection by unemployment, and the FOGASA; on the other hand, there will be incentives for companies that implement it: where it involves employment growth, the company will have a reduction of 100% of the contributions to Social security during the duration of the contract if it hires unemployed persons. The reduction shall be 75% for companies of more than 250 workers. Thus, to facilitate its conversion into permanent contracts, companies shall be entitled to a reduction of the social price of 1,500 euros per year for three years (1,800 euros per year in case of hiring women), when at its completion the contract for training and learning is transformed into a permanent contract and assume fixed in-house job creation.