Wage Subsidy  

 

The Government has extended the Wages Subsidy as at 10 June 2020 to support employers affected by COVID-19. 

Criteria  

  • the business must have had, or expect to have, a revenue loss ofat least 40 percentfor the 30 days before you apply, compared to the closest period last year. 

  • It will cover8 weeksper employee from the date you submit your application. 

  • It will be paid to you as a lump sum at the same weekly rate as the Wage Subsidy. 

  • You'll need to agree to certain obligations, such as to: 

pass the subsidy on to your employees 

- retain your employees for the duration of the subsidy 

- do your best to pay your employees at least 80% of their normal pay 

- take active steps to mitigate the impact of COVID-19 on your business. 

See the Work and Income website for the full criteria and how to apply for the Wage Subsidy Extension. 

COVID-19: Wage Subsidy Extension - Ministry of Social Development