Yangsan-si Supports Labor Costs for Small and Medium Enterprises... Encourages Youth Employment

Wage Support for SMEs Hiring Local Youth
6 Million KRW Provided for Each Employee Retained for 6 Months

Yangsan City in Gyeongnam is set to actively implement a wage support project for young people newly employed by small and medium-sized enterprises (SMEs) to encourage youth employment and alleviate the recruitment difficulties faced by SMEs.

This project targets manufacturing SMEs established less than seven years ago that hire local young residents as full-time employees and maintain their employment for six months. In such cases, the business will receive wage support of 6 million KRW per young employee.

Through this initiative, Yangsan City expects a "two birds with one stone" effect by providing stable jobs for local youth while supporting SMEs.

The recruitment target includes manufacturing SMEs established less than seven years ago, excluding small business owners. Any manufacturing SME business in the area can apply. A total of 20 businesses will be selected, and those that hire one young person as a full-time employee and maintain employment for six months will receive 6 million KRW in wage support.

The application period runs from February 3 to 21. Interested businesses can submit their documents by visiting the Yangsan City Hall’s Civil Economy Division or via email or fax.

Detailed application methods and required documents can be found in the announcement on the Yangsan City Hall website.

A Yangsan City official stated, “We expect this project to expand employment opportunities for young people and ease the management burden on SMEs. We ask for the participation of many local SMEs and will continue to implement policies for sustainable youth job creation and business support.”

Yangsan City Hall.

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