wayno wrote: My understanding is that the lump sum covers 12 weeks. If the lockdown ends after say, 6 weeks would those who claimed and were paid out be liable to return the "unused" portion? From my sums the $585/week equates to 83% of my normal wages (24hrs/week) so will cost employer $0, but for the 40hr/week staff the company will have to stump up around $400/week to maintain the required 80%. Time will tell how many businesses will survive, even with assistance from their banks. My job comes under the "essential" category, not sure what will/should happen regarding being paid for attending a call-out given the government is effectively paying me to stay home, and any call-out would be earning income for the company. Many questions in these unchartered times.... |
jackel wrote: Hi guys, is the employer under any obligation to pay 80% of your normal wage (inclusive of the govt subsidy). I cant imagine surviving on the $585 or so less tax..... |
jackel wrote: To employers on the forum, would you keep the same payment of 80% for all employees, or can employers pick and choose whom of their staff the pay 80% and who they pay just the $585 subsidy? |
jackel wrote: Jk what I was meaning was, does the employer need to offer the same deal to all employees? (everyone full time, everyone earning well over $585 for a full week). All at work are well over the $585income per week (full time) so if my employer 'tops up' others wages to meet the 80% does that need to be done for ALL employees. |
Grunta wrote: Hey Jade - thanks for your advice on this - tricky times and lots of unknowns. FYI everyone JK is at one of NZ's leading finance and management consulting firms. As such he's not only a talented LBG fisho, and it can't be taken as more than his personal thoughts on here, he's very conversant with these issues so thanks heaps for your input JK! |
JK wrote:
Some puzzling guidance has come out of WINZ today which states that if the employees normal wage is below the subsidy amount you still pay them the full subsidy. We expected you would pay them normal wage and then probably have to repay the govt the excess. This means you can have situations where a part time employee normally does 4 hours work in a week and will get $350, where as another who usually does 15 hours will get the same. It’s absurd. Great for some employees I guess and a business is no worse or better off but not great use of government spending. Will be a few things like this due to the speed that this all needed to be rushed through. |
jackel wrote: This was also interesting today. <span style="font-family: "Segoe UI", "Segoe WP", Arial, sans-serif;">The money is paid out by the Ministry of Social Development in lump sums, meaning a full-time worker should get a lump sum of $7029.60 for a period of 12 weeks, the length of the scheme set by the Government.</span><span style="font-family: "Segoe UI", "Segoe WP", Arial, sans-serif;"> </span> <span style="font-family: "Segoe UI", "Segoe WP", Arial, sans-serif;"> </span> <span style="font-family: "Segoe UI", "Segoe WP", Arial, sans-serif;">taken from.....</span> <span style="font-family: "Segoe UI", "Segoe WP", Arial, sans-serif;"> </span> <span style="color: rgb51, 51, 51; font-family: "Segoe UI", "Segoe WP", Arial, sans-serif; font-size: 20px;"> </span> |
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