Do Seoul-area firms qualify?

For the employer subsidy; the bonus is mainly non-capital.

Youth Employment Leap Incentive (Korea)

📈 Economics By CampusDown Wiki Editorial Team Last updated October 26, 2026

The Youth Employment Leap Incentive is a Korean labor-ministry program. Small and mid-sized firms that hire disadvantaged young people as permanent staff receive a wage subsidy. Since 2026 it also pays retention bonuses to youth at firms outside the capital region.

Contents

1. Background
2. How it works
3. FAQ
4. References

Background

This program succeeded the 2017 youth additional-hiring subsidy in 2023 and targets young people who face barriers to employment. In 2026 it was revamped to support regional jobs and longer tenure.

How it works

Priority-support firms with five or more employees can get up to ₩7.2 million over a year after hiring 15–34-year-olds into permanent roles and keeping them at least six months. From 2026, youth at firms outside the capital region who stay six months can receive up to ₩7.2 million over two years. Participants in the National Employment Support Program may qualify. Applications go through Work24.

FAQ

Do youths apply themselves?: For the retention bonus, yes.
Do Seoul-area firms qualify?: For the employer subsidy; the bonus is mainly non-capital.

Sources reviewed: 2026-10-26

References

고용노동부. 2026년 청년일자리도약장려금 사업 안내.
고용24. https://www.work24.go.kr
고용보험법 시행령.

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This article was last updated on October 26, 2026. It is based on widely recognized original works and textbooks; when citing it in a paper, please check the original sources listed in the references.