Daegu City Revises Employment-Friendly Company System... Introduces Total Volume, Certification, and Sunset Provisions

Significant Strengthening of Selection Criteria... Adding 5 New Companies This Year to Existing 30 Companies

The scene of the 1st Emergency Economic Measures Meeting for COVID-19 (Novel Coronavirus Infection) held on April 23 at the Daegu City Hall Annex. Chairs for attendees are spaced apart to maintain social distancing.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] Daegu City announced on the 26th that it will recruit companies to participate in the revamped Employment-Friendly Company system until the 25th of next month.

Since 2016, Daegu City has been updating measures to resolve the job mismatch for local youth. In addition to the 30 companies that have been re-certified, this year it plans to select 5 new Employment-Friendly Companies. So far, Daegu City and the executing agency, Daegu Technopark, have discovered companies that meet the expectations of young people, selecting and supporting a total of 56 companies (with an average annual salary of 34.75 million KRW for new university graduates and an average of 25 types of employee welfare programs).

Daegu City reviewed the achievements so far and, based on feedback from the field, has prepared a new Employment-Friendly Company system through the operation of a system improvement TF team since the second half of last year.

The main revisions include ▲ a total volume system and certification system limiting the number of companies to a maximum of 100 ▲ strengthening application conditions by reflecting employment-friendly management indicators ▲

and the introduction of a Sun-Set (sunset) system for poorly managed companies. For detailed information regarding company applications, please refer to the Daegu Technopark website.

An Jung-gon, Director of the Job Investment Bureau of Daegu City, said, "We appreciate the efforts of companies to create and maintain jobs despite the difficult business environment due to COVID-19," and added, "We will spare no effort or support to improve the quality of local jobs and create employment."

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