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Gyeonggi Province Selects 63 'Family-Friendly Good Companies to Work For' in 2020

Selection of companies operating excellent family-friendly systems including work systems, childcare, health, and family supportOver 40 incentive items including preferential interest rates for certified companies and system implementation subsidiesAdditional 2 million won per company in family-friendly system implementation support for newly certified companies
Exterior view of Gyeonggi Province Government Office.(Photo=Gyeonggi Province)
Exterior view of Gyeonggi Province Government Office.(Photo=Gyeonggi Province)

[Suwon Ilbo=Park No-hun Reporter] Gyeonggi Province and the Gyeonggi Economic Science and Innovation Promotion Agency have selected 63 companies and public institutions in the province as '2020 Gyeonggi Family-Friendly Good Companies to Work For.'

The 'Gyeonggi Family-Friendly Good Companies to Work For Certification Project' is a certification initiative that identifies and certifies excellent companies in the province that are exemplarily operating family-friendly systems including childcare, health, and family support, enabling workers to harmoniously balance work and family life.

Since its launch in 2010, the project has certified 405 companies through last year. After the three-year validity period of new certification, companies can maintain their status by applying for recertification.

This year, due to COVID-19, the separate certification ceremony was omitted, with 30 companies receiving new certification and 33 receiving recertification. The number of applicant companies was 157, recording a competition rate of approximately 2.5:1.

Certified companies receive a certificate of certification, certification plaque, and certification sign bearing the name of the Gyeonggi Province Governor.

Additionally, over 40 benefits are provided, including preferential interest rate application when applying for small and medium enterprise development funds and subsidy payments upon implementation of family-friendly systems.

The 30 newly certified companies this year will also separately receive 2 million won in 'family-friendly system implementation subsidies.'

Beyond this, positive effects are expected on company image and reputation as well as recruitment and job seeking, as these become workplaces where workers want to work.

Jung Gu-won, Director of the Work-Life Balance Support Division at Gyeonggi Province, stated, "Family-friendly management that creates workplaces where employees want to work is now a requirement of the times. The MZ generation (people in their 20s and 30s), unlike previous generations, values work-life balance as much as economic compensation," and added, "We hope this project will contribute to creating a family-friendly workplace culture, strengthening corporate competitiveness, and improving workers' quality of life."

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