One firm, a construction company in Seoul, said it's giving out $75,000 to workers who had babies from 2021 onward.
  • ironhydroxide@sh.itjust.worksEnglish
    0·
    10 months ago

    “South Korean President Yoon Suk Yeol on February 13 ordered his administration to develop tax incentives and subsidies for companies that encourage their employees to have children.”

    This seems fishy to me.

    Why not develop tax incentives and subsidies for the parents directly, instead of giving companies another loophole?

    • DarkGamer@kbin.social
      01·
      10 months ago

      South Korea is run by a handful of enormous family owned companies. This is probably related to the fertility rate.