Incheon TP Supports Improvement of Working Conditions for Root Companies... Up to 50 Million KRW per Company
[Asia Economy Reporter Park Hyesook] Incheon Technopark (Incheon TP) announced on the 18th that it will carry out a labor environment improvement support project targeting root companies in the Incheon area.
This is to help attract young workers and promote long-term employment at root industry companies, which have been stigmatized as 3D jobs and suffer from chronic labor shortages.
The support target is root companies in the Incheon area that have newly hired at least one Incheon citizen within the past year (working 35 hours or more as a regular employee for over 3 months).
Incheon TP will invest 1.5 billion KRW in the project to support costs for renovating old and worn employee convenience facilities such as restrooms, break rooms, and shower rooms, as well as purchasing items like air conditioners, heaters, and air purifiers.
Incheon TP plans to select up to 60 companies and provide differentiated support ranging from 10 million to 50 million KRW depending on the number of hires and employee retention rates.
Support will also be provided to root companies with fewer than 20 employees that have been affected by the COVID-19 pandemic. Fifty companies will be selected to receive up to 10 million KRW for renovating hygiene facilities such as restrooms and shower rooms, and purchasing quarantine supplies.
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Applications for support can be submitted through the business support information site BizOK (bizok.incheon.go.kr). For more details, refer to the Incheon TP website (www.itp.or.kr) or contact the Incheon Root Center at 032-260-0872.
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