Nowon-gu Supports Up to 500,000 KRW Monthly Employment Retention Subsidy for Unpaid Leave Workers at Companies with Fewer Than 5 Employees

Support for unpaid leave allowance for small business owners with fewer than 5 employees for 2 months... 25,000 KRW per day per person, up to 500,000 KRW per month

[Asia Economy Reporter Jongil Park] Nowon-gu (Mayor Oh Seung-rok) is providing 'Employment Retention Support Fund' to help small business owners struggling with management difficulties due to COVID-19.

The Employment Retention Support Fund is a program that supports unpaid leave allowances for employees on unpaid leave at small businesses with fewer than five employees for two months.

The support target is employees working at small businesses with fewer than five employees located in the area, who are enrolled in employment insurance, and have been on unpaid leave for more than five days since February 23, when COVID-19 was raised to the 'serious' stage.

The number of supported personnel is one per business, but tourism businesses severely affected by COVID-19 can receive support for up to two employees.

Supported industries include tourism, wholesale and retail, lodging and restaurants, and technology startup companies. However, sole proprietors, spouses of business owners, and relatives within the fourth degree of kinship are excluded from support.

The district secured 590 million KRW (60% city funds, 40% national funds) for this support, providing unpaid leave allowances of 25,000 KRW per day and up to 500,000 KRW per month per person for two months.

The application period is from the 1st to the 10th of each month, and support will continue until the budget is exhausted. However, support for unpaid leave from February 23 to March 31 must be applied for by the 10th of this month.

After screening, the district will select support recipients and pay the support funds to their accounts on the 22nd of each month. If the number of applicants exceeds the support scale, priority will be given to ▲employees with longer employment insurance enrollment periods at the business and ▲businesses with lower sales volume.

Applications can be submitted by visiting the Job Economy Division with the required documents or via email (9090wi@citizen.seoul.kr) or fax (2116-4620).

The district will recover support funds if double or fraudulent receipt is confirmed through post-checks.

The district also conducted a support project providing 1 million KRW in closure support funds for two weeks to multi-use facilities such as PC rooms that voluntarily closed to encourage 'social distancing' to prevent the spread of COVID-19.

Oh Seung-rok, Mayor of Nowon-gu, said, “The Employment Retention Support Fund will help small business owners struggling with management difficulties due to COVID-19. We will continue to implement policies to support small business owners.”

This content was produced with the assistance of AI translation services.