Yongin City Selects Outstanding 'Job Creation Companies'... Generous Benefits Offered

[Asia Economy (Yongin) = Reporter Lee Young-gyu] Yongin City in Gyeonggi Province is accepting applications from local small and medium-sized enterprises (SMEs) to receive the '2020 Job Creation Excellent Company Certification' from the 10th of this month until July 11th.

Since 2018, Yongin City has been selecting excellent employment companies and providing various incentives to create a local atmosphere with many jobs and stable employment.

Eligible applicants are SMEs that have operated their headquarters or main factories in Yongin City for more than one year and have between 5 and fewer than 300 regular employees.

Additionally, the employment growth rate must be 5% or higher between July 31, 2019, and July 31, 2020, and the number of newly hired employees must be between 3 and 5 or more.

Selected excellent companies will receive benefits such as ▲certificates and plaques ▲preferential treatment in various corporate support projects ▲extra points for the Yongin City Industrial Peace Award ▲exemption from parking fees at Yongin City public parking lots ▲one-year deferral of local tax audits.

Applications can be submitted via email (yeli3042@korea.kr). Detailed information including documents can be found on the city’s website.

The city will select a final 10 companies through document screening and on-site investigations based on criteria such as employment growth rate, regular employee hiring rate, and excellence in working conditions among participating companies.

A city official explained, "This system is intended to encourage excellent companies that are striving for employment stability amid the difficulties caused by the COVID-19 crisis."

In 2018, the city selected 13 companies including Willings Co., Ltd., and in 2019, 6 companies including Daewoo Lucoms Co., Ltd. were selected as excellent job creation companies.

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