People need to get vaccinated to fight COVID-19, and since most of the citizens in S. Korea are working, it was reported that the Korean Financial Industry Union and the Finance Industry User Council have agreed to grant paid leaves for them.
This means that workers will get to enjoy days off within their vaccination schedule. Plus, they do not have to worry about missing work because they will still get their salary despite the absences.
The paid leave details for vaccination
As per The Korea Herald, under the agreement, workers in S. Korea who will receive their COVID-19 vaccine are entitled to a paid leave of up to three days. This information was revealed on Sunday by the union and council officials.
It was added that the agreement will take effect on Monday, June 7. Then again, for the workers of 22 financial institutions that are duly registered with the Korea Federation of Banks, they will only get a maximum of two days off, which include the day of the vaccination and the next day, so they can rest a bit.
However, in case some workers experience adverse effects after the COVID-19 jab, they can take a longer day off even without a doctor’s note. It was mentioned that at the moment, only major banks have set up their own leave schemes for the vaccination of their workforce. These financial institutions include Hana, Shinhan, KB Kookmin, Woori and NH NongHyup, and the internet-based KakaoBank.
COVID-19 cases in S. Korea dips
Meanwhile, the S. Korean government is targeting the vaccination of at least 13 million people by the end of this month so that a herd community could be created by November. It is also good news that the number of cases in the country is going down again. Yonhap News Agency reported that it has fallen to 500s as the government speeds up vaccination of the citizens.
The rollout of vaccines in the country has also picked up the pace, thus more and more Koreans are getting their vaccines to be protected from the highly contagious coronavirus. Finally, S. Korea is planning to inoculate 36 million individuals by September and eventually reached the herd community status two months after that.


Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Instagram Outage Disrupts Thousands of U.S. Users
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Thailand Inflation Remains Negative for 10th Straight Month in January
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 



