Gangnam-gu to Provide Additional Employment Retention Support Payments for Unpaid Leave Workers Affected by COVID-19
Recruitment until November 6, Priority Payment for Businesses with Fewer than 50 Employees in the Area Subject to Assembly Ban, Restrictions, or Business Suspension
[Asia Economy Reporter Jong-il Park] Gangnam-gu (District Mayor Jeong Soon-gyun) is accepting applications until November 6 for additional employment retention support payments to unpaid leave workers at small business owners' establishments struggling due to the prolonged COVID-19 pandemic.
The employment retention support payment is a leave allowance paid for up to 2 months at a maximum of 500,000 KRW per month to support the livelihood of workers who have taken unpaid leave. Eligible recipients are workers belonging to businesses with fewer than 50 employees in the district who have taken unpaid leave for 5 or more days per month since July 1.
The district prioritizes payments to workers belonging to entertainment bars, karaoke rooms, indoor sports facilities, and other establishments subject to gathering bans, gathering restrictions, and business restrictions due to the resurgence of COVID-19. However, workers in non-profit organizations, one-person self-employed individuals, and those in small business sectors excluded from the New Hope Fund support (such as gambling-related industries and real estate rental businesses) are excluded from eligibility.
Business owners or unpaid leave workers wishing to apply should refer to the announcements on the Gangnam-gu website, prepare the required documents, and submit them by visiting the Academy Training Center on the basement level 1 of the district office annex or via email, registered mail, or fax.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Uneducated Person" to Management Office Employee... Why Was the Resident Acquitted?
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
Previously, Gangnam-gu received 2,800 applications for employment retention support payments from April to June and paid a total of 1.9 billion KRW, the highest amount among Seoul's autonomous districts, to overcome the employment crisis.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.