Seodaemun-gu, Employment Retention Subsidy and Employment·Pension Insurance Fee Support

Signed a Business Agreement with Seoul Western Employment and Labor Office of the Ministry of Employment and Labor... Employer's Share (10~33%) Excluding Ministry Support Rate (67~90%) Supported for up to 6 Months

[Asia Economy Reporter Jong-il Park] Seodaemun-gu (Mayor Moon Seok-jin) is establishing the ‘Seodaemun-type Employment Safety Net,’ where local governments, businesses, and workers coexist harmoniously.

On the 16th, the district announced that it will promote the ‘Employment Safety City, Seodaemun’ project to maintain employment for local businesses and small business owners struggling due to the prolonged social distancing measures.

Among companies where employment adjustments are inevitable, business owners who implement paid leave (temporary leave) instead of laying off employees will receive support for the employer’s contribution to the Employment Retention Subsidy to help maintain worker employment.

The target businesses are priority support enterprises registered in Seodaemun-gu that have implemented paid leave (temporary leave) and have been designated by the Ministry of Employment and Labor as eligible for employment retention support.

The district will support the employer’s share (10?33%) of the subsidy, excluding the Ministry of Employment and Labor’s support rate (67?90%), for up to six months.

Additionally, for local businesses with fewer than 10 employees who receive the Durunuri social insurance premiums (employment and pension insurance) support from the Korea Workers’ Compensation & Welfare Service and the National Pension Service, Seodaemun-gu will cover the employer’s share of the insurance premiums.

Last year in the second half, the district also promoted these projects, supporting 118 companies with approximately 375 million won.

Interested businesses can visit the Job Plus Center on the first floor of Seodaemun-gu Office or submit the application form and supporting documents via email (sdmjob21@citizen.seoul.kr) or fax.

For more details, refer to the ‘2021 Seodaemun-gu Employment Retention Support Project’ announcement on the Seodaemun-gu website under notices and announcements.

Meanwhile, to strengthen the employment safety net, on the 15th of this month, the district signed a business agreement with the Seoul Western Employment and Labor Office of the Ministry of Employment and Labor (Director Seo Beom-seok) for the employment retention support project.

Accordingly, the two organizations will share information and cooperate in promoting the project to expand support for local businesses.

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