Job stability supporting money
Date : 3rd Jan 2018
Written by Jang, Sun Woo CTA
Translated by Park, Eun Kyung
Minimumwages increased to the 7,530 KRW from 2018.
Itis 16.4% increased compared with last year.
Governmentdecided to support small business operator and medium and small firm.
Ⅱ. Job stability supporting money
1.Job stability supporting money
Toreduce employment instability for a worker.
Tosupport business operator for management.
Businessoperator who has less 30 employees.
Fulltime employee, daily employee and temporary are included.
Ifa business operator who has apartment house guard and cleaning man as employeecan be supported even though over 30 employees.
1)Business operator who pay each 1900,000 monthly.
2)Comply minimum wage and take out unemployment insurance
3)Affiliate party of business operator is excluded.
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