Minister Clarifies Payment of Wage Subsidy to Employees

29 March 2020

Commonsense has prevailed.  The Minister of Finance has clarified that no employee should get more than their pre-COVID earnings.  

For example if a person is working say 10 hours at $20 per hour they should only get $200 not $350. Similarly, a person working say 25 hours at $20 per hour should only be paid $500 not $585. Any surplus subsidy can be applied to wage support for other employees. 

You can see the Minister’s statement here: https://www.beehive.govt.nz/release/clarification-modification-wage-subsidy-scheme?fbclid=IwAR2e3TvUp6UH5JJMIQtdWsL4wNzp6BNFJdw-Y_3pzfVYhmhUJGE2PXbVq0Y