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Employment Contract:
Employment Contract Procedure
Once employment with a Korean company is confirmed, the employer issues a labor contract through COLAB.
The contract includes detailed terms such as duration, workplace location, duties, holidays, wages, and other working conditions.
Applicants can also review visual materials (photos or videos) of the workplace environment and job details.
After reviewing the contract and confirming the desire to work, applicants must pay the required fees to COLAB to proceed with the contract.
Important Notes During Contract Signing
Applicants can request adjustments to the contract terms or corrections for any errors in their personal information by contacting COLAB.
Applicants must decide whether to proceed with the contract within 14 days from the date of receiving the contract and complete the signing process.
Applicants can refuse a contract once. However, after a second refusal, job applications will be restricted for 1 year.
Fee Information
Fees must be paid according to COLAB's regulations
Airfare and Pre-Training Costs: 15,000,000 ₫ (Accommodation and additional training fees are charged separately).
Visa Issuance and Management Fee: 390,000 ₫.
Social Policy Bank Fund Deposit:
A deposit of 150,000,000 ₫ must be made to the local social policy bank where the worker’s household registration is recorded.
Payment must be completed before the pre-training ends.
The fund can be claimed upon return to Vietnam. However, it will be forfeited if the worker becomes an illegal resident in Korea.
Loan Options
EWorkers with an EPS-based employment contract can apply for a loan.
Maximum loan term: 5 years and 4 months with 0% interest. Priority benefits are applied to national merit recipients, individuals from low-income households, ethnic minorities, and workers whose land has been confiscated.
Required documents: Loan application, copy of the employment contract, and ID card.
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