l Change in Childcare Leave Benefit
Under the Equal
Employment Opportunity and Work-Family Balance Assistance Act of Korea,
employee who has a child of 8 years or under or attending the second grade or
lower of an elementary school is entitled to take a maximum of one year of
childcare leave to be able to take care of his/her child. The employee can
split childcare leave into two, but the period of the childcare leave should
not exceed one year in total. The employer
may disallow childcare leave if the service period with the company is less
than 6 months prior to taking the childcare leave.
The employee may
receive childcare leave pay from the government agency under the Employment
Insurance Act for 80% of his/her ordinary wage up to KRW 1.5 million per month
for three months from the first day of a childcare leave. From the fourth month until the last day of a
childcare leave, the childcare leave pay will be reduced to 50% of his/her
ordinary wage up to KRW 1.2 million per month. The
government agency holds 25% out of the childcare leave pay during the leave
period and will pay this withheld amount to the employee at the time when 6
months elapse from the date the employee returns to his/her work.
During the childcare leave
period, the employer does not have legal obligation to pay salaries.
However, upon the employee's resignation at a future date, the child care leave
period shall also be included in the service period for severance pay
The employer shall
cooperate with the employee in receiving the childcare leave pay from the
government agency by providing the supporting documents. The employee concerned
submit the requisite documents when applying for the childcare
leave benefit to the government agency either in person or by post.
Effective from February 28, 2020, both parents may apply
for childcare leave at the same time. In which case, however, childcare leave
pay will be provided only to one parent.