Gyeonggi-do Provides 600,000 KRW Quarterly to Young Workers Earning Monthly Salaries Below 3.1 Million KRW
Gyeonggi Province will provide up to 600,000 KRW per quarter to young workers earning a monthly salary of 3.1 million KRW or less.
On the 10th, Gyeonggi Province announced that it will carry out the 'Youth Welfare Points' and 'Small and Medium Enterprise (SME) Youth Worker Support Project,' offering welfare points and earned income tax credits for young people working in SMEs within the province.
The Youth Welfare Points program supports young residents of Gyeonggi Province aged 18 to 34 who work at least 36 hours per week in SMEs, mid-sized companies, or non-profit organizations within the province and earn a monthly salary of 3.1 million KRW or less. It provides earned income tax credits of 300,000 KRW per quarter, up to 1.2 million KRW annually, in the form of welfare points. The total number of beneficiaries is 33,000.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Samsung Electronics Labor-Management Talks End Without Agreement... Central Labor Relations Commission: "Negotiations Resume at 10 a.m. Today" (Comprehensive)
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The SME Youth Worker Support Project provides young residents of Gyeonggi Province aged 18 to 34 who work at least 36 hours per week in SMEs within the province and earn a monthly salary of 3.1 million KRW or less with earned income tax credits of 600,000 KRW per quarter, up to 4.8 million KRW over two years, in the form of local currency. A total of 7,400 participants will be recruited.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
