Supporting Estimated Calculation of Severance Pay EPS Mobile Service App Manual 2015. 10. Foreign Workforce Insurance & Training Team of Foreign Workforce Bureau
Table of Contents Ⅰ. Enrolling in EPS & Downloading the App 1 Ⅱ. How to use EPS Mobile 2 1. Logging in & Selecting Workplace Size 3 2. Query on Expected Payout of Departure Guarantee Insurance 4 3. Estimated Calculations of Severance Pay and Differences 5 Ⅲ. Additional Notes 6
Ⅰ. Enrolling in EPS & Downloading the App < EPS Mobile App Process> 1 Enrollment 2Download the App 3 Open and Run the App Enroll as an EPS user and authenticate identity Download the EPS App from App Store or Google Play Store Open and Run the EPS App Enrolling in the Employment Permit System as a User Download the App (Android) 1Go to Google Play Store 2Search for EPS 3 Install the App Installation Complete 1 Go to Google Play Store 2 Download the App 3 Installation Complete (ios) 1Open App Store 2Search for EPS 3Install the App Installation Complete 1 Enroll in EPS 2 Download the App 3 Installation Complete
Ⅱ. How to Use EPS Mobile The Mobile App Service was developed to assist in the estimation of severance pay of foreign workers who have already left or expecting to leave employment. If the user is not aware of his wage amount, employment period, size of the workplace (under four people or five or more), an accurate estimate cannot be provided in addition to creating differences in the severance pay balances. - Therefore, it is recommended that the employer calculate the severance pay using the labor contract, wage statements, and other supporting documents with the worker Should a dispute arise over the amount of the severance pay, the exact amount must be calculated with the assistance from the local Employment & Labor offices. < Using the EPS Mobile Service > 1 Logging in & Selecting Workplace Size 2 Query Expected Payout Amount of Departure Guarantee Insurance 3 Estimation of Severance Pay and Differences After logging in, select the workplace size (Under 4 People, 5 people or more) Query on Expected Payout Amount of Departure Guarantee Insurance based on (Estimated) Date of Termination Estimation of Severance Pay and Differences (Severance Pay Insurance Premium Payout Amount (Expected))
1. Logging in & Selecting Workplace Size After logging into the mobile web service, select the size of the workplace 1 Query Expected Payout Amount of the Departure Guarantee Insurance 2 Conduct Estimation of Severance Pay and Differences * In accordance with Article 8 of the Guarantee of Workers Retirement Benefits Act, owners of workplaces with 4 workers or less must disburse severance payments effective on December 1, 2010. * In addition, in accordance with Annex Article 8 of the same Act, the employer must provide 50% of the severance pay between December 1, 2010 to December 31, 2012, and must provide 100% of the severance pay starting January 1, 2013. < Selecting Workplace Size > o is the location of the example Step 1: Log into EPS (Please refer to attachment 1 for enrollment procedure) Upon logging in, the language will automatically change for foreign workers Step 2: Click on EPS Severance Pay Estimation Step 3: Depending on the size of the Workplace, choose between Under 4 people and 5 People or more * To change the workplace size, return to the main screen and reselect the workplace size. Then, move to the Query Departure Guarantee Insurance Expected Payout <Picture 1> Main Screen
2. Querying Expected Payout of the Departure Guarantee Insurance The employer or the foreign worker can query the concerned worker s expected payout amount of the Departure Guarantee Insurance at end of (expected) employment or expiration of residency using the following steps. < Querying the Expected Payout Amount of Departure Guarantee Insurance > o is the location of the example Step 1 (Foreign Worker) Select the Workplace where the worker was employed (Employer) Select Foreign Worker (Expected Payout Amount Query) Step 2: Enter the (Estimated) Date of Termination and click calculate * The Date of (Estimated)Termination must be entered by the worker personally. If there were any employment changes reported, the dates on which the changes were reported will be available. The dates will be filled in automatically upon clicking. Step 3: The Expected Payout Amount of the Departure Guarantee Insurance will be queried. Move on to the Severance Pay Estimation screen <Picture 2> Query the Expected Payout Amount of Departure Guarantee Insurance <Foreigner> <Employer>
3. Estimation of the Severance Pay and Differences The employer or the foreign worker can use the following method to check the expected severance pay amount by inputting the total wage amount and the date (or an estimated date) of termination. The difference amount of the severance pay will be automatically calculated once the Recipient, and Severance Pay Calculation steps are successfully completed. < Estimating the Severance Pay Balance> Difference = Severance Pay Expected Payout of the Departure Guarantee Insurance o is the location of the example < Calculating the Severance Pay> Step 1: (Foreign Worker) Select the workplace where the worker was employed Employer: Select Foreign Worker (Foreign Workers to be queried) Step 2: At the Workplace screen, enter the Employment Period * The start of the employment period is the start date specified on the standard labor contract. The termination date may already be in place if it was recorded as an employment status change, and can be edited. * If the employment period was less than one year, an Alert window will appear, stating that the worker is ineligible for severance pay. Step 3: Enter the last three months wage amount by month prior to termination Step 4: Click on the Calculate Amount button. < Picture 3: Calculating Severance Pay and Differences > < Foreign Worker > < Employer >
Ⅲ. Additional Notes Completing an Approximate Calculation of the Severance Pay The foreign worker must query expected payout of the departure guarantee insurance and calculate severance pay from workplaces from which the worker has already left or plans to leave. - The severance pay amount will change upon the total wage and employment period inputted in the system. Please review Attachment 2 Additional Notes for Calculating Severance Pay. The worker must enter one s wage and employment period correctly. The difference must be requested from the employer after calculating it by deducting the Expected Payout Amount of the Departure Guarantee Insurance from the Severance Pay. To avoid any pay related disputes, it is recommended that both the employer and the worker calculate the severance pay together using supporting documents such as the labor contract and pay statements. Confirming the Difference of Severance Pay with Both Parties & Process for Reclaiming Rights The foreign worker must submit the expected payout amount of Departure Guarantee Insurance, severance pay and differences, and the calculations proving the amounts to the employer; the worker must request the disbursement of the severance pay. If the foreign worker requests disbursement of the difference, the employer can query the payout amount of Departure Guarantee Insurance, severance pay, and the difference of the worker on the EPS mobile service. - If there is a difference, the employer must pay the worker the entire amount of the difference before his/her departure/termination. * With the enforcement of the revised Act on Foreign Workers Employment, etc. on July 29, 2014, the payout amount of the departure guarantee insurance is disbursed after the worker s departure, but the difference of the severance pay can be collected in Korea. Should the employer refuse to pay the difference, the foreign worker can petition or sue the employer at the local Employment Labor office. Requesting the Departure Guarantee Insurance Payout and Receiving It The foreign worker will request the payment with the insurance provider. Within 14 days of the departure, the amount will be wired to the worker s overseas bank account. However, if the foreign worker selected Receive Cash Payment at the Airport on the application, one can redeem the payment at the Currency Exchange after passing through immigration.