[Breaking] Deputy Prime Minister Hong: "Support up to 1.2 million KRW/month for 2 years for workplaces with 5-49 employees maintaining employment"
Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, presided over the 39th Emergency Economic Central Countermeasures Headquarters meeting at the Government Seoul Office on the 24th and announced that starting next week, the government will provide wage support to workplaces with 5 to 49 employees adopting the '52-hour workweek system' to ensure the system's stabilization.
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The government plans to support companies that maintain employment after hiring new workers during the reduction of working hours with up to KRW 1.2 million per month (KRW 800,000 for new hires + KRW 400,000 for current employees) for up to two years.
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