Yongsan-gu Supports Employment Retention Subsidy (Up to 1.5 Million KRW) for Unpaid Leave Workers

During March, at the former Job Plus Center, up to 1.5 million KRW for 3 months will be paid to unpaid leave workers of less than 50 employees who took 5 or more days off per month...

[Asia Economy Reporter Jong-il Park] Yongsan-gu (Mayor Seongjanghyun) will accept applications for the Employment Retention Support Fund for unpaid leave workers throughout March.

The applicants are workers of companies with fewer than 50 employees in the area who took unpaid leave between November 14, 2020, and March 31, 2021.

Only those maintaining employment insurance until April 30, 2021, are eligible.

If unpaid leave is taken for 5 days or more per month, the district will pay 500,000 KRW per month (up to 1,500,000 KRW for 3 months) regardless of the number of leave days.

The selection priority is as follows: first, businesses subject to assembly bans severely affected by COVID-19; second, businesses with operational restrictions; third, workers in other industries.

Those wishing to apply can visit the Job Plus Center on the 5th floor of the district office to submit their application. Applications can also be submitted via email (job1919@yongsan.go.kr), fax, or mail. Related forms are posted in the news section on the district website.

The support fund will be paid at the end of April after review and selection by Seoul City.

A district official said, “If fraudulent receipt is confirmed through post-inspection, recovery measures may be taken,” and requested cooperation to prevent fraudulent or duplicate claims.

Last year, the district also paid up to 1,000,000 KRW in employment retention support funds to unpaid leave workers in the area. The number of cases was 1,507, totaling 1.1 billion KRW.

Yongsan-gu Mayor Seongjanghyun said, “We provide employment retention support funds for workers in businesses struggling due to COVID-19,” and added, “The district will continue to do its best to overcome the local economic downturn.”

In addition to the employment retention support fund, the district plans to assist local small and medium-sized enterprises by mobilizing all means, including 7 billion KRW in loans for small and youth enterprises, operation of a customized bidding information system and a knowledge learning center for merchants, early execution of finances, and extension or deferment of local tax filing and payment deadlines for small business owners affected by COVID-19.

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