Yeongcheon-si Launches Regular Employee Project for SMEs ... "Happy Journey with Job Seekers"
[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Yeongcheon City, Gyeongbuk Province, is implementing a Regular Employee Project for Small and Medium Enterprises (SMEs) to stabilize youth employment and resolve manpower shortages in SMEs.
The "Regular Employee Project for SMEs" is a system that provides employment subsidies to SMEs experiencing recruitment difficulties to reduce the burden on companies and offers internship opportunities to unemployed youth to encourage long-term employment.
Participating companies receive a total employment subsidy of 3 million KRW per intern during the 2-month internship period, and interns receive a total of 3 million KRW in retention incentives, paid in two installments of 1.5 million KRW each at the 3rd and 10th months after conversion to regular employment.
Eligibility for intern participation includes unemployed youth and employment-vulnerable groups residing in Yeongcheon City.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Eligibility for participating companies requires them to be located in Yeongcheon City, classified as SMEs under the "Framework Act on Small and Medium Enterprises," pay a monthly intern salary of at least 1.91 million KRW, and each company can apply for up to three interns.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
