Book V: Overseas provisions

For remuneration in excess of the amount set in article D. 5522-3, the amount of aid is determined by multiplying the amount of 225 euros by the ratio between the remuneration and the minimum growth wage, up to a maximum of 292.50 euros.

When the working time provided for in the employment contract is less than the collective working time applicable in the company, the amount of aid is reduced by applying a coefficient equal to the ratio between the working time provided for in the contract and the collective working time applicable in the company.

For professions affiliated to the leave funds provided for in Article L. 3141-32, the amount of aid is increased by 10%.

State aid is payable for three consecutive years from the date of recruitment. It is reduced by 50% in the third year of the contract.

The aid is paid to the employer quarterly in arrears.

Payment of the aid is interrupted if the employment contract is suspended for a period of at least fifteen days. These interruptions defer payment by the same amount.

The employer must notify the managing body of any termination, suspension or modification of the young people’s work experience contract that gives rise to entitlement to the aid, resulting in a change in the amount of the aid or an interruption in its payment. The managing body forwards this information to the director of labour, employment and vocational training, in Saint-Pierre-et-Miquelon to the head of the labour, employment and vocational…

If the employment contract is terminated at the employer’s initiative before the end of the period referred to in article D. 5522-7, the amount of the aid is repaid in full by the employer to the State. However, the repayment is not due in the event of : 1° Termination during the trial period; 2° Dismissal for serious misconduct or gross negligence on the part of the employee; 3° Force…