Applying for the COVID-19 Wage Subsidy | Knowledge | PaySauce

Applying for the COVID-19 Wage Subsidy

by Laura Marwick

Work in NZ is already pretty heavily impacted by the arrival of coronavirus. With strong precautionary measures in place, a good chunk of our workforce will need to be away from their jobs over the coming weeks and months.

The government has introduced a wage subsidy to help employers keep their people on and stay afloat if business is hurting. Here’s what you need to know.

 

What is the Wage Subsidy and am I eligible?

Earlier in the month of March there was also a COVID-19 Leave Payment available for staff who were sick or self-isolating; this is now combined with the wage subsidy.

 

How can I apply for the Wage Subsidy and what happens next?

 

What information do I need on hand to apply for the Wage Subsidy?

 

My employee has come back from overseas.

People returning from international travel will need to undergo a 14-day self isolation period. Here’s a really thorough guide to what self-isolation requires: COVID-19 Self-isolation. If an employee in isolation is able to work remotely, you can just treat this as normal working time.

You can’t let anybody come into work if they’re sick with COVID-19, or if they’re supposed to be self-isolating. If they do, they’re probably in breach of the Health and Safety at Work Act. If you have a good reason to be worried about infection for your team, you have to instruct those people not to come to work.

 

How should I process my employee’s pay?

The wage subsidy will be paid straight to you to help you sustain paying your staff. You can continue paying your team as you normally would. PaySauce has a range of historical reports to help you calculate pays accurately.

We have a full guide to handling these payments through PaySauce available here.

Don’t hesitate to pick up the phone or fire through a message if you have any questions. Look after yourselves and each other.

 

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Posted on 30 March 2020

Laura Marwick
Head of Marketing

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