The COVID-19 government support package offers a wage subsidy available for businesses that can demonstrate a decline in monthly revenue of 30% compared to last year and covers the period from January to June 2020.
This is available if you are an employer, contractor, sole trader or self-employed. Online applications can be made via the Ministry of Social Development (MSD) website.
The payments will be $585.80 per week for a full-time employee (20 hrs or more) or $350.00 per week for a part-time employee (less than 20 hrs). The payment will be made as a one-off lump sum for a period covering 12 weeks. The maximum amount any one employer can receive is $150,000.
To qualify, employers will be required to declare that they intend to employ affected employees at a minimum of 80% of their usual pay for the subsidy period and take active steps to mitigate the impact of COVID-19.