What is employment improvement subsidy in SAP PY-JP - Japan?

SAP Term: employment improvement subsidy

• Component: PY-JP

• Component Name: Japan

• Description: An allowance provided for the unemployed who want to acquire additional skills, for example, to make them more employable.

Smart SAP Assistant

• Key Concepts: 
  Employment improvement subsidy is a type of financial assistance provided by the Japanese government to employers who hire new employees or increase the wages of existing employees. It is part of the Employment Promotion Law in Japan and is administered by the Ministry of Health, Labour and Welfare. 
  
  How to use it: 
  In order to be eligible for the employment improvement subsidy, employers must meet certain criteria such as hiring new employees or increasing wages for existing employees. Employers must also submit an application to the Ministry of Health, Labour and Welfare. Once approved, employers will receive a subsidy payment from the government. 
  
  Tips & Tricks: 
  It is important to note that the employment improvement subsidy is only available in Japan and is not applicable in other countries. Additionally, employers must ensure that they meet all eligibility criteria before submitting an application for the subsidy. 
  
  Related Information: 
  For more information about the employment improvement subsidy, please visit the Ministry of Health, Labour and Welfare website at https://www.mhlw.go.jp/english/policy/labor-employment/employment-promotion-law/index.html.