Gyeonggi-do, 'Ieum Job Project'... Solving Job Mismatch Issues

Support of up to 6 Months Employment Incentives for Hiring Companies Targeting Uninsured Employment Insurance Individuals Aged 40 to Under 65

Reference photo [Asia Economy DB]

[Asia Economy Reporter La Young-cheol] Gyeonggi Province is taking steps to resolve the 'job mismatch' so that the middle-aged generation and companies within the province can coexist harmoniously.

On the 25th, the province stated, "'Gyeonggi Province Ieum Job Project' aims to provide stable jobs to the middle-aged 4060 generation within the province who lost their jobs due to COVID-19 or retired early, and to alleviate the manpower shortage of small and medium-sized enterprises."

The target group is Gyeonggi residents aged 40 to under 65 who are not enrolled in employment insurance and wish to seek new employment.

Hiring companies will receive employment incentives for up to 6 months, including 3 months of internship and 3 months of regular employment.

Separately, if the intern is converted to a regular employee after completing the 3-month internship, a completion bonus of 300,000 KRW per month, up to 900,000 KRW, will be paid only to the employed person.

This project will be fully implemented from January next year by connecting companies and job seekers, and will also provide job-related training support for employed persons and continuous employment management through Ieum managers.

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