Transitions Collectives: Who Qualifies and What You Get
Learn how Transitions Collectives helps employees in roles threatened by economic shifts maintain their salary while retraining for new careers.
Transitions Collectives (sometimes called Transco) is a program designed to support workers whose jobs are at risk due to economic shifts. It helps you learn new skills through retraining while keeping your income steady.
Who it's for
This scheme is for employees who work in roles that are currently threatened by economic changes or shifts in the job market.
What you get
If you qualify, you will receive full salary maintenance. This means you continue to receive your regular pay while you undergo retraining to prepare for a new professional role.
What it costs you
There is no direct cost to you, but the process requires active participation and coordination from your employer.
The catch to know
You cannot apply for this on your own regardless of your job status; it is only available if your company operates within specific designated sectors.
How to apply
- Discuss your situation and retraining needs with your employer.
- Coordinate with your company to ensure they support the transition process.
- Work with official labor authorities to finalize your retraining plan.