Korean Air Offers Voluntary Paid Leave Until December... "Full Effort for Employment Security"

[Asia Economy Reporter Dongwoo Lee] Korean Air plans to maintain paid leave by providing its own allowances even after the government's employment retention subsidy ends this month.

According to the aviation industry on the 2nd, Korean Air has decided to extend paid leave for workers by maintaining the existing leave conditions until December this year.

Currently, Korean Air is implementing paid leave for workers by receiving employment retention subsidies from the government. The paid employment retention subsidy covers 70% of the average wage, with the government and the company bearing 90% and 10% of the cost, respectively.

However, when the government's employment retention support ends on the 30th of this month, companies must either switch to unpaid leave, paying about half of the wages, or directly pay paid leave allowances.

In fact, major low-cost carriers (LCCs) such as Jeju Air and Busan Air have decided on unpaid leave for workers next month and have completed applications to the Ministry of Employment and Labor.

Korean Air plans to directly pay paid leave allowances without switching to unpaid leave even after government support ends. The scale of leave is known to be about 9,000 employees, half of the total staff.

Korean Air stated, "We decided to share the subsidy burden to help workers endure the hardships caused by the COVID-19 impact."

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