By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

Parliament Approves Employment Bonus for New Jobs

The funding is accessible to companies regardless of their size or the sector in which they operate provided that their headquarters or permanent establishment is located in Austria. The public financing bank Austria Wirtschaftsservice (aws) is responsible for handling the application and granting of funding.
“With the employment bonus, the federal government is once again implementing specific measures which particularly provide considerable relief to small and medium-sized companies and reduce obstacles to hiring new employees”, says René Siegl, Managing Director of the national investment promotion consultancy ABA - Invest in Austria. “As a result, signs continue to point to growth at the Business Location Austria”. The decision to introduce an employment bonus follows the previous gradual decrease in unit labor costs by EUR 1 billion and subsidies for non-wage labor costs for innovative startups in Austria valid since January 2017. The Austrian Government has made funding of EUR 2 billion available to finance the employment bonus.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Investment Opportunities for Electronics Companies in Austria - Carinthia

    08.07.2020 / 2:30 pm IST, Online, Webinar

  • BIOMEDevice Boston 2020

    16. - 17.09.2020, Boston, USA

Austria Map

Find the perfect location for your company

Thanks to its central location, excellent infrastructure and high quality staff, Austria is one of the key locations for ZTE Corporation and HQ for the Eastern Europe Region in general.

ZTE Austria

logo zte
More testimonials

news from the business location Austria

Austria registers more patents than ever before

Austrian companies and researchers registered 2.341 new patents at the European Patent Office (EPO) in 2019. Over the last five years the number of Austrian patent applications increased consistently.

Concerning Facebook and LinkedIn: Austrian companies in the social media jungle

A growing number of companies are relying on social media to inform customers, open up new target groups and identify suitable employees. Firms are increasingly investing in Facebook and other social media as each year passes, However, at the same time the continuous further development and establishment of networks are also leading to uncertainties about the right way of handling these platforms.

More news All blog posts