IBK Bank is launching a childcare cost support program for employees of small and medium-sized enterprises (SMEs) and small business owners.
The bank announced that the 'IBK Childcare Support' service will begin on July 20.
The IBK Childcare Support program is designed to cover the out-of-pocket expenses incurred when utilizing the government's 'Childcare Service.'
This initiative aims to significantly reduce the financial burden on employees of SMEs and small business owners, who often lack adequate workplace welfare benefits.
Eligible participants include employees of SMEs and small business owners (individual business owners with a small business verification certificate) who have incurred out-of-pocket expenses while using the government-provided childcare services in the first half of this year. Selected households that meet the criteria will receive support of up to 1.5 million won.
Single-parent families, particularly those headed by unmarried parents, and employees working for family-friendly certified companies will be prioritized for support.
Bank President Jang Min-young stated, "We hope this service will provide practical assistance to employees of SMEs and small business owners who are struggling with childcare. As a national policy bank, we will fulfill our responsibility to create a supportive environment where work and family can coexist."
The bank announced that the 'IBK Childcare Support' service will begin on July 20.
The IBK Childcare Support program is designed to cover the out-of-pocket expenses incurred when utilizing the government's 'Childcare Service.'
This initiative aims to significantly reduce the financial burden on employees of SMEs and small business owners, who often lack adequate workplace welfare benefits.
Eligible participants include employees of SMEs and small business owners (individual business owners with a small business verification certificate) who have incurred out-of-pocket expenses while using the government-provided childcare services in the first half of this year. Selected households that meet the criteria will receive support of up to 1.5 million won.
Single-parent families, particularly those headed by unmarried parents, and employees working for family-friendly certified companies will be prioritized for support.
Bank President Jang Min-young stated, "We hope this service will provide practical assistance to employees of SMEs and small business owners who are struggling with childcare. As a national policy bank, we will fulfill our responsibility to create a supportive environment where work and family can coexist."
* This article has been translated by AI.
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