Gangnam-gu Expands Employment Retention Subsidy to Businesses with Fewer Than 50 Employees

Anyone Enrolled in Employment Insurance Can Apply, Up to 49 People per Company ... 500,000 KRW per Person per Month, Maximum 1,000,000 KRW

[Asia Economy Reporter Jongil Park] Gangnam-gu (Mayor Jeong Soon-gyun) has expanded the Employment Retention Support Fund for unpaid leave workers to businesses with fewer than 50 employees, following small business owners, starting from the 1st of this month.

The Employment Retention Support Fund is a leave allowance paid to workers on unpaid leave to support their livelihood. The eligibility has been expanded from small business owners to businesses with fewer than 50 employees, allowing workers at businesses with 10 or more employees, who were previously excluded, to receive the support.

Support is available for up to 49 employees per business. If an employee has taken unpaid leave for 5 or more days per month after February 23, they will receive 500,000 KRW per month, with a maximum of 1,000,000 KRW over two months.

Any worker enrolled in employment insurance can apply; however, sole proprietors, spouses of business owners, 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 district office website, prepare the necessary documents, and submit them by visiting the Job Support Center or via email, registered mail, or fax.

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