The Ministry of Gender Equality and Family announced that, together with the Credit Guarantee Fund, starting Wednesday the 23rd, it will provide support for small and medium-sized businesses certified as family-friendly to receive discounts on guarantee fees for using credit guarantees.
In the future, if small and medium-sized businesses that have received family-friendly certification use the credit guarantee of the Credit Guarantee Fund, they will be able to receive a 0.2%p discount on the guarantee fee rate.
The Credit Guarantee Fund has previously provided preferential guarantee limit (KRW 3 billion) and preferential evaluation during guarantee screening for family-friendly certified companies, and this time, it has agreed to additionally apply a guarantee fee discount to small and medium-sized companies certified as family-friendly.
The ‘Family-Friendly Certification System’, introduced by the Ministry of Gender Equality and Family in 2008, is a system that grants certification through review to companies and public institutions that exemplarily operate family-friendly systems such as flexible work systems. By 2023, 5,911 companies and institutions will be registered. Companies that have received this family-friendly certification and are applying for certification in 2024 are currently being reviewed and the certification results are scheduled to be announced in December.
‘Family-friendly certified companies’ can receive various benefits directly or indirectly helpful in corporate management, such as preferential treatment during immigration screening by the government, local governments, and financial institutions, additional points when screening for government product purchases, and preferential investment and loan interest rates.
Vice Minister of Gender Equality and Family Shin Young-sook said, “This discount on guarantee fees for family-friendly certified small and medium-sized businesses is the result of cooperation between the two organizations to ease the burden on companies, and is a practical benefit to family-friendly certified small and medium-sized businesses that are struggling with the burden of financial costs. “I think it will be helpful,” he said. “We will continue to work actively with related organizations to discover benefits that can directly help companies that have made efforts to spread a culture of work-family balance and create a family-friendly work culture.”
*** Sanctions such as disclosure of names of those who default on child support obligations ***
Meanwhile, the Ministry of Gender Equality and Family held the 38th Child Support Implementation Deliberation Committee (October 14 – October 15) and decided on 149 people to be subject to sanctions for defaulting on child support obligations.
A total of 177 sanctions were decided on 149 people who defaulted on their child support obligations, and by type of sanctions, there were 115 bans on leaving the country, 58 suspensions of driver’s licenses, and 4 disclosures of names.
Among the 149 defaulters in child support who were subject to sanctions this time, the largest child support debt was 274 million won, and the average child support debt was about 58 million won.
Since the implementation of sanctions (July 2021), the number of people subject to sanctions has continued to increase, and a total of 1,814 sanctions have been imposed on 735 people (excluding duplicates) to date.
Economy Queen Reporter Kim Jeong-hyeon Photo News 1
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