Gwangyang City’s 3 Companies Selected as ‘Jeollanam-do Excellent Job Providers’

Incentives Including 20 Million Won Employment Environment Improvement Funds Provided by Company

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Gwangyang City announced on the 30th that three companies located in Gwangyang City were selected as ‘Excellent Job-Creating Companies in Jeollanam-do’ this year.

The ‘Excellent Job-Creating Companies’ selection, hosted by Jeollanam-do, is a project that discovers companies contributing to job creation and employment stability, providing funds for employee welfare improvement and employment environment enhancement, as well as various incentives necessary for company operations.

The evaluation criteria include job creation aspects such as the increase in the number of workers over the past year, the growth rate of young workers, and additional employment plans, as well as employment stability aspects such as employment retention rate over the past two years, the proportion of regular workers over the past year, employee welfare, and compliance with labor standards.

The excellent local companies selected this time?Joongang EMC, Ilseong Industry, and Kuroensis?all received high evaluations in terms of the increase in the number of workers over one year and the growth rate of young workers.

They will receive certificates along with 20 million KRW per company to support employee welfare improvement and employment environment enhancement funds.

Additionally, various incentives such as preferential loan limits for facility funds and operating funds necessary for business management, and priority support for Jeonnam youth retention incentives will be provided.

Moon Byung-joo, Director of the Investment and Job Creation Division, said, “Many companies in our city have greatly contributed to local job creation and regional economic revitalization to be selected as excellent companies,” and added, “We will actively promote so that more local companies can be selected.”

Meanwhile, the Jeollanam-do Excellent Job-Creating Companies project, which has been promoted since 2015, has received great responses from companies, and Gwangyang City has had eight companies selected so far, benefiting from 160 million KRW in funds for employee welfare improvement and employment environment enhancement.

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