Summary of support measures for businesses by the Korean government during COVID-19

Submitted by socpro on Fri, 05/22/2020 - 16:58
measures summary

The Ministry of Employment and Labor (MOEL) has announced its first-ever decision to increase the employee retention subsidy to maximum 90%, regardless of industry. This provisional measure is for three months (April to June) and intends to encourage all companies affected by COVID-19 to retain employees.

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