Taxi Drivers' Working Conditions to Improve! ... Busan City Expands Corporate Taxi 'Hope Growth Incentive'

Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Busan City will expand the 'Hope Growth Incentive' paid to corporate taxi drivers from 50,000 KRW to 100,000 KRW per month starting this year.

The Hope Growth Incentive is a monthly subsidy provided by Busan City to newly employed corporate taxi drivers with 6 months to less than 1 year of experience, or to long-term employees with over 10 years of accident-free service and no legal violations.

This program is implemented to improve the working conditions of corporate taxi drivers, prevent traffic accidents through compliance with regulations, and enhance service quality for citizens.

The incentive expansion was prepared to provide practical improvements in treatment as the number of corporate taxi drivers continues to decline due to the taxi industry's recession.

Busan City plans to invest 2.4 billion KRW of city funds this year to pay a monthly incentive of 100,000 KRW to about 2,000 corporate taxi drivers who meet the eligibility criteria.

Applications for the incentive can be submitted through taxi companies, corporate taxi associations, or the National Taxi Union.

Busan City will collect applications from taxi companies and corporate taxi associations between the 1st and 14th of each month, review eligibility, and make payments at the end of each month.

Park Hyung-jun, Mayor of Busan, said, "The expansion of the incentive is essential to improve the treatment of corporate taxi drivers who play a key role in Busan's transportation."

Mayor Park added, "The incentive expansion will increase the motivation of drivers, lead to compliance with regulations, and in return, improve the quality of taxi services for citizens."

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