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Female Workers
Employment security incentive during childbirth and childcare (parental leave subsidy and subsidy for reducing working hours during childrearing)
Eligible recipients of employment security incentives for childbirth and childcare
The Minister of Employment and Labor shall pay incentives for employment security during the period of childbirth and childcare (parental leave subsidy and subsidy for reducing working hours during childrearing) to any of the following business owners who grant an insured employee a period of childcare leave or shortens the working hours (hereinafter “parental leave”) of an insured employee by at least 30 days. (Subparagraph 2, Article 29(1), 「Enforcement Decree of the Employment Insurance Act」)
Standards for the payment of parental leave subsidies
Employers receive childcare leave subsidies in the amounts per worker shown below. In this case, if an employee uses parental leave, the maximum amount of one year shall be paid, and if there is a remaining period of childcare leave that does not reach one month, the number of days is divided by the total number of days in the month. [Article (18) and Annex Table 5(1), 「Regulations on the application and payment of employment creation incentives and employment security incentives」]

Classification

Annual total

Payment for 1 month

Parental leave

Within 12 months*

8.7 million won

After 2 million won for the first 3 months, 300,000 won per month for parental leave

Over 12 months

3.6 million won

300,000 won

* Applicable to children under 12 months of age (including parental leave during pregnancy) who are granted parental leave of 3 months or longer.
Standards for the payment of subsidies to reduce working hours during childcare
Employers receive subsidies for reducing working hours during childcare in the amounts per worker shown below. In this case, the payments shall be made up to one year (however, if there is an unused period during parental leave, the period is added), and if there is a period of reduced working hours remaining in the childcare period that does not reach one month, the number of applicable days is calculated by dividing by the total number of days in the month. [Article 18 and Annex Table 5(2), 「Regulations on the application and payment of employment creation incentives and employment security incentives」]

Classification

Annual total

Payment for 1 month

Reduction of working hours during the childcare period

Basic

3.6 million won

300,000 won

Incentive application

4.8 million won

400,000 won

※ If the employer of a workplace that has never used reduced working hours for childcare allows for a reduction of working hours for childrearing for the first time, an additional monthly payment of 100,000 won shall be paid until the third case.
※ For more information on the support for employment security incentives during childbirth and childcare, please visit this site (http://easylaw.go.kr) 『Work and Family Life』.