Changes to the Wage Subsidy

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The Modifications Included:

  • The ‘Sick Leave Payment’ has been folded into the Wage Subsidy to ensure there is no ‘double dipping’, and any Employees or their dependants that are sick due to COVID-19 will be eligible for the Wage Subsidy.  

  • Employers that utilise the Wage Subsidy must make their ‘best endeavours’ to pay Employees 80% of their pre-COVID-19 income. Where that is not possible i.e. in particular where a business has no activity due to the shutdown and Employees are not working any hours – Employers must pass on at least the whole value of the Wage Subsidy to the affected Employee.  

  • Employers must undertake to keep Employees in employment for the period of the Wage Subsidy.  

  • MSD will begin publishing the names of organisations and people that have accessed the subsidy.  

The new declaration as at 27 March 2020 is available here to review

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