Conversion Leave for Employees Made Redundant for Economic Reasons
Purpose of the scheme: Conversion leave gives employees made redundant for economic reasons support in finding a new job outside the company. Area indicated in the catalogue: national aid.
Conversion leave for employees made redundant for economic reasons falls within the field of business creation, takeover and development. The catalogue describes the following objective: conversion leave gives employees made redundant for economic reasons support in finding a new job outside the company. The information below distinguishes the catalogue details from the points that still need to be confirmed with the funder.
Funded by Ministère du Travail et des Solidarités
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Who can apply
Beneficiaries indicated in the catalogue: companies in difficulty that draw up a redeployment programme for their employees ahead of economic redundancies. Area recorded: national aid. The company’s location, size, status and creation date may affect eligibility.
Eligibility conditions
Conditions recorded in the catalogue: The employer, after consulting staff representatives, sets the length of the leave, between 4 and 12 months (or less than 4 months if the employee agrees). If the employee undertakes training or validation of prior learning (VAE), the leave cannot be shorter than these actions, up to 12 months. This summary is not an eligibility decision: check the current version of the rules before any commitment.
What the scheme covers
Operations or costs mentioned in the catalogue: The employee is supported by a unit helping with job search and by training to encourage redeployment. The leave starts, if necessary, with a skills assessment. The employee can obtain validation of prior learning (VAE). The employer funds all these actions. The employee must follow the actions set out in the document they have signed and take part in the actions organised by the support unit. If the employee does not meet their obligations, the employer can end the leave. Have the eligible items and the date from which costs can be committed confirmed.
Amount and funding terms
Amount or form of support indicated in the catalogue: during the conversion leave, the employment contract is suspended and the employee receives a monthly allowance of at least 65% of their previous gross salary. At minimum, the allowance must reach €10.22 per hour multiplied by the collective working hours set in the company (i.e. €1,549.58 if the company works a 35-hour week). The amount must be confirmed in the rules or with the operator; do not treat it as guaranteed.
How to apply
First consult the reference source: https://www.service-public.fr/particuliers/vosdroits/F884. For regional schemes, contact the reviewing department before committing costs; for investment funds or support schemes, check the selection process and any co-funders. Ask for the current list of documents, the combination rules and the application timetable.
Timeline
No usable end date is recorded in the catalogue. The opening and application timetable remain to be confirmed with the operator.
Key facts
- Funder
- Ministère du Travail et des Solidarités
- Type of funding
- Grant
- Status
- Ongoing
- Funding rate
- 65%
- Automatically extracted — check the official source
- Geographic scope
- All of France
Frequently asked questions
What project does this scheme aim to support?
Conversion leave gives employees made redundant for economic reasons support in finding a new job outside the company.
Which companies can apply?
Companies in difficulty that draw up a redeployment programme for their employees ahead of economic redundancies.
What amount or type of funding is provided?
During the conversion leave, the employment contract is suspended and the employee receives a monthly allowance of at least 65% of their previous gross salary. At minimum, the allowance must reach €10.22 per hour multiplied by the collective working hours set in the company (i.e. €1,549.58 if the company works a 35-hour week).
Is the scheme open, and what are the steps?
No usable end date is recorded in the catalogue. The opening and application timetable remain to be confirmed with the operator. The source has not been rechecked recently. Confirm availability and the application procedure with the reviewing body.
Official source
No official URL is available in our data for this grant.
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