Pohang City Recruits Companies for 'Naeil Chaeum Gongje'... Lump Sum for Long-Term Employees

Partial Support for Corporate Contributions (100,000 KRW per Month) upon New Registration

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] Pohang City will recruit participating companies for the '2021 Pohang-type Tomorrow Savings Support Project' starting from the 31st to encourage long-term employment of local small and medium-sized enterprise (SME) workers.

According to Pohang City on the 30th, the Tomorrow Savings Support Project is a system where SME employers and incumbent workers jointly save a fixed amount monthly for five years, and upon maturity, the entire accumulated amount is paid to the worker as a lump sum.

This project offers workers the opportunity for long-term employment and lump-sum savings, and provides SMEs with the effect of securing excellent personnel. There are two types of this project: 'Tomorrow Savings,' where workers and companies jointly save, and 'Youth Incumbent Tomorrow Savings,' where workers aged 34 or younger, companies, and the government jointly save.

This year, the support scale is a total of 80 people, with up to 5 applicants per company. When a local SME newly enrolls in the 'Pohang-type Tomorrow Savings,' 100,000 KRW per month will be supported for one year.

Local SMEs wishing to apply can do so at the Small and Medium Business Corporation Gyeongbuk Eastern Branch until the project quota is filled. Detailed information is available on the Pohang City Hall website.

Kim Sewon, Head of the Investment and Enterprise Support Division of Pohang City, stated, "Through this project, which can attract excellent talent to local SMEs and contribute to employment retention, we will create an environment where companies and workers grow together."

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