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「Intensive guidance period for prevention of unpaid wages」

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Date 2024-01-24 Readnum 127
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(Main Contents)
- Pre-emptive measures to prevent arrears in vulnerable industries such as construction industries
- A strict response to habitual or intentional overdue business owners, such as holding them accountable until the end
- Labor supervisors’ emergency work for three weeks(Jan. 22~Feb. 8) in preparation for urgent reports of arrears occurring on holidays and at night
- Strengthen livelihood support for affected workers
Advance payment system, such as overdue wages
Temporary reduction of processing time(14 7 days)
The state pays a certain range of unpaid wages on behalf of the employer to workers who have not been paid wages due to the company's bankruptcy, etc.(up to 21 million won)
Loan for the living expenses of worker with unpaid wages
Temporary reduction in loan interest rates(1.5 1.0% per year), limit of 10 million won per worker
Business owner's loan system to support settlement of unpaid wages
Temporary reduction in loan interest rates(Credit: 3.72.7%, Collateral: 2.21.2%), 150 million won per business owner
- Contact: Busan Regional Employment and Labor Administration
051-853-0009
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Recruitment of 「BGCF foreign community support program in 2024」
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