The Employment Promotion Regulation of Shandong Province adopted by the Director's Meeting of the Standing Committee of the Provincial People's Congress

by ljcqaaaq on 2009-11-26 12:45:30

Jinan, November 22nd - During the process of soliciting opinions and conducting legislative hearings on the "Shandong Province Employment Promotion Regulations (Revised Draft)", the employment of college graduates has always been a focus of attention from all sides. Recently, in the "Shandong Province Employment Promotion Regulations (Revised Draft Amendment)" passed by the Standing Committee Director's Meeting of the Provincial People's Congress, new regulations have been made regarding issues such as college graduate employment, and are prepared to be submitted to the Standing Committee of the Provincial People's Congress for deliberation.

Tax and Fee Reductions for College Student Entrepreneurs

According to suggestions, the revised draft amendment of the Shandong Province Employment Promotion Regulations stipulates that college graduates who choose to start their own businesses will be given preferential policies such as fee reductions according to relevant regulations. The newly added content in the revised draft states that "Registered unemployed individuals, college graduates, military retirees, and disabled individuals engaged in individual operations shall, in accordance with relevant regulations, be exempt from administrative and public service fees such as management fees, registration fees, certification fees, and pre-approval fees."

Government Interest Subsidies for Micro-Profit Projects

According to the new amendments, entrepreneurs who lack self-raised funds can apply for small guaranteed loans from financial institutions. The maximum personal loan amount is 50,000 yuan, and the small guaranteed loan fund will provide loan guarantees according to regulations.

Among them, individuals who apply for small guaranteed loans and engage in micro-profit projects will receive full interest subsidies from the same-level finance department; those engaging in non-micro-profit projects will receive 50% interest subsidies and enjoy a one-time job subsidy according to relevant regulations.

Interns Should Not Exceed 30%

The revised draft stipulates that employers must sign internship agreements when using interns, and the internship time for students should not exceed 30% of their in-school study time.

It also stipulates that within 15 days of signing the internship agreement, employers must register with the human resources and social security department of the county (city, district) government where the internship is located. The number of interns used by employers should not exceed 30% of the total number of regular employees in the unit. During the internship period, employers should pay interns a certain amount of living allowance.