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Now a must-ask when joining SMEs: do they offer government vacation subsidies?

2020-07-31

On the 29th, employees at RudaCure, a medical and pharmaceutical R&D venture company located in Incheon, were busy making plans for domestic travel to avoid the peak vacation season in late July to early August. Though it is a small venture with about 10 employees that could easily be hit hard by COVID-19, CEO Yongho Kim appeared calm while thinking about vacation plans. CEO Kim said, "Stress relief is necessary, and we need to rest when it's time to rest," adding, "There's no big reason to stop employees from taking vacation."

There is a reason behind his encouragement of vacations. It's because he experienced positive results after participating in the government's Worker Vacation Support program the previous year. Since the government subsidizes vacation costs, it gives employers some breathing room. Employees share the same sentiment. RudaCure employee Jihee Ryu also said, "Last year, thanks to the Worker Vacation Support program, I went to Jeju Island for the first time in years," adding, "Travel isn't cheap, and it's even harder to travel these days, but when the cost burden decreases, you actually start thinking about going."

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