Chairman Jobonghwan Returns 30% of Salary to Overcome COVID-19 Crisis

Jo Bonghwan, Chairman of the Small Enterprise and Market Service (center), visited the Goyang Center in Gyeonggi on the 31st to inspect the on-site situation of the emergency management stabilization fund direct loans for small business owners.

[Asia Economy Reporter Kim Daeseop] The Small Enterprise and Market Service announced on the 31st that Chairman Jo Bonghwan and the executive team will participate in salary returns to overcome the novel coronavirus infection (COVID-19).

Chairman Jo Bonghwan will return 30% of his salary for the next four months, and executives below the vice chairman will return 10%. The Small Enterprise and Market Service plans to fulfill the social responsibility of public institutions and share the pain during the economic crisis.

Chairman Jo said, "As many small business owners are experiencing difficulties due to COVID-19, the executives of the Service will also share the pain and continue to make efforts to help overcome the crisis of 6.3 million small business owners and traditional markets through more active support measures."

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