Conditionally eligible

[Gyeonggi Management & Labor Association] 2026 Youth Job Leap Incentive Program – Recruiting Participating Companies

[경기경영자총협회] 26년 청년일자리도약장려금 사업 참여 기업 모집 안내

(사)경기경영자총협회

Can a foreigner apply?

Yes, with conditions

Foreigners are not excluded, but the announcement attaches requirements — residency, a Korean entity, a visa status or a partner. Read the conditions before you spend time on this.

Companies must: (1) be located in Suwon, Yongin, or Hwaseong; (2) have at least 5 standard insured workers on average over the past year (reduced to 1 or more for knowledge services, cultural content, new&renewable energy, future-growth enterprises, youth-startups, and Gyeonggi-do key industries – see attachment); (3) have annual revenue ≥ (standard insured worker count × KRW 19 million); (4) newly hire a youth aged 15–34 (up to 39 with military service) as a permanent regular worker with no fixed term (except conversion from ≤3-month contract), at least 28 hours/week, minimum wage or above, and average monthly salary ≤ KRW 4.5 million (total wage base ≤ KRW 2.7 million per 6-month period). The hired youth must also meet at least one "employment difficulty" condition (e.g., 4+ months unemployed, high school education or below, eligible for employment promotion subsidy, first employment after participation in National Employment Support Program, graduate of Youth Challenge Program, etc.). Pre-existing employees (hired before application) are not eligible unless hired within 3 months prior to application. Companies that conducted employment adjustment (layoffs/dismissals) within 3 months before the youth's hire date through 1 year after are restricted.

Funding

₩720만

Deadline

2026-12-31D-84

Duration

Up to 12 months per hired youth

What you get

Up to KRW 7.2 million per newly hired qualifying youth (paid in up to 3 installments: KRW 3.6 million at 6 months, KRW 1.8 million at 9 months, KRW 1.8 million at 12 months). The subsidy covers wage costs for up to 12 months at a maximum of KRW 600,000 per month. The total subsidy is capped at 50% of the company's standard insured worker count.

What the announcement says about eligibility

“외 국 인 단 거 주 영 주 결 혼 이 민 자 는 가 능 ( , (F-2), (F-5), (F-6) ) ③”
Evidence from the 공고 · classified by rule

Required documents

Business registration certificate (사업자등록증)
Value-added tax (VAT) taxable-base certificate (or VAT-exempt revenue certificate for exempt businesses) – for 2024 or 2025 (one full calendar year)

How to apply

11. Apply online at www.work24.go.kr (company login → My Page → Participating Project Management → Youth Job Leap Incentive → 2026 Application → Search for 'Gyeonggi Management & Labor Association' → Apply)
22. Sign an agreement (협약) with the administering agency
33. Hire a qualifying youth as a permanent regular worker
44. Register the hired youth in the system
55. Apply for subsidy payment (after 6 months of employment retention, then at 9 and 12 months)

Machine-translated from the official Korean announcement. Always verify eligibility and deadlines with the source agency before applying.

View original announcement→

“외 국 인 단 거 주 영 주 결 혼 이 민 자 는 가 능 ( , (F-2), (F-5), (F-6) ) ③”
Evidence from the 공고 · classified by rule

What visa are you on?

Eligibility for most Korean programs depends on your visa status and company age. Create a free profile to see which programs match your situation — plus 3 free deadline alerts.

Check my eligibility — free →