Homeplus 6monthly wage arrears of 333hundred million won confirmed, workers 1up to 2,100ten thousand won per person paid
The government 7on 10the month announced that Homeplus's 6monthly wage arrears amounted to 333hundred million won. It will promptly pay affected workers up to 1ten thousand won per person 2,100in substitute payments and provide partner companies with emergency working-capital loans of up to 5hundred million won per company.

The government 7on 10the month stated that Homeplus's 6monthly wage arrears amounted to 333hundred million won and that it would promptly pay affected workers 1up to 2,100ten thousand won per person in substitute payments. Under the chairmanship of Vice Minister Lee Hyeong-il of the Ministry of Finance and Economy, it held a meeting of the Homeplus interagency task force at the Government Complex Sejong and reviewed the implementation of support.1)},
The meeting was attended by the Ministry of Employment and Labor, the Ministry of SMEs and Startups, the Ministry of Trade, Industry and Energy, the Ministry of Planning and Budget, the Financial Services Commission, and the Financial Supervisory Service. After the court discontinued the rehabilitation proceedings, beginning on 3and through 9a total of 692consultations were received by the Ministry of Labor's one-stop counseling center and local employment and labor offices and branches.
The government decided to expedite the relevant procedures so that substitute payments would be made promptly to workers affected by unpaid wages. Workers requiring urgent livelihood support will receive livelihood loans of up to 1ten thousand won per person 1,000at a low interest rate of 1.5% per year within the amount of unpaid wages.
Since last year, 3 month 4 through 7 day, 8,758 cases, 397 hundred million won. Support is also available for partner companies, and it was decided to provide emergency working-capital loans of up to 5 hundred million won per company.
The government confirmed the status of unpaid wages through a comprehensive investigation conducted by a dedicated task force and said it would continue to monitor whether additional wage arrears occur. The relevant procedures and payment schedule will proceed in accordance with further government announcements.