Gangnam-gu Provides 'Employment Retention Support Fund' to Unpaid Leave Workers Among Small Business Owners
Up to 500,000 KRW per person per month for 2 months... Support for workers in all businesses including manufacturing, construction, and transportation sectors
[Asia Economy Reporter Park Jong-il] Gangnam-gu (District Mayor Jeong Soon-gyun) is accepting applications for the Employment Retention Support Fund for unpaid leave workers at small business owners suffering from business difficulties due to the prolonged COVID-19 pandemic until the 24th.
The Employment Retention Support Fund is a leave allowance that provides up to 500,000 KRW per month for two months to support the livelihood of workers on unpaid leave. The eligibility has been expanded to all small business owners regardless of the number of employees, allowing workers at all businesses with 5 to fewer than 10 employees in manufacturing, construction, transportation, and other sectors, who were previously excluded, to receive the support.
The number of eligible recipients has increased from 'one person per business' to up to 9 people for manufacturing, construction, and transportation industries, and up to 4 people for other sectors. Any worker enrolled in employment insurance can apply. However, sole proprietors, the business owner's spouse, and relatives within the fourth degree of kinship are excluded from eligibility.
Business owners or unpaid leave workers wishing to apply should refer to the Gangnam-gu Office website, prepare the required documents, and submit them by visiting the Job Support Center or via email, registered mail, or fax.
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Lee Yong-dal, Director of the Job Policy Division, stated, "Going forward, under the spirit of 'Me Me We Gangnam,' which emphasizes togetherness, consideration, and respect promoted during the 7th elected term of Gangnam-gu, we will lead efforts to revitalize the local economy and create a dignified city."
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