Employment Institute - www.iz.sk - logo
slovensky / english

Volume of Inclusive Services

For the creation of 50 000 jobs in the inclusive market it is necessary to create sufficient volume of orders. This volume is estimated to be about 580 mil. € (plus VAT). This number may seem high but 70% of this amount is immediately returned to the public budget by increased collection of taxes.

This volume is estimated based on cost method. 50 000 inclusive employees will receive a minimum wage, permanent employees (supervisors and managers) will probably receive higher wage (their number is limited to 25% of all employees). Capital and operating costs have been estimated at the 30% of the value of the contract. Given the size of orders we assume that all inclusive enterprises will be VAT payers.

The table shows the calculation of the yearly volume of inclusive services. The total volume amounts to 700 mil. € (including VAT). This represents less than 2% of the public budget. This volume must be transparently procured.

costslabour costs# persons yearly cost in thousands of €
inclusive employee43050 000258 000
supervisor64212 65097 455
manager10714 00051 408
labour costs – total406 863
capital and operating costs30 %174 370
total costs581 233
VAT116 246
total cost (incl. VAT)697 480

similar articles: Conference on youth long-term unemployment , Presentation for EPC workshop 20.9.2016 .odp ppt , Páleník: inclusive market in Slovakia .odp ppt , Conference november 2014 , ecosoc/the-social-economy-in-the-european-union