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Govt to pay €350 dole and 70% of wages to those still in jobs

written by Staff Writer March 24, 2020
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The Government is to increase the Covid-19 Pandemic Unemployment Support payment for people who have been laid off due to the virus from €203 to €350.

The payment will also apply to the self-employed affected by the virus.

The Cabinet has also approved an emergency wage subsidy scheme under which the Government will pay 70% of a workers salary up to a cap of €410 per week net – equivalent to the after-tax income of a worker on around €40,000.

The scheme will initially run for 12 weeks, and employers will be free to top-up the Government’s element of the salary.

The scheme is targeted at companies hit by the collapse of economic activity triggered by the coronavirus outbreak – and employers seeking to avail of it would have to demonstrate a reduction in income of at least 25%, along with cash flow difficulties.

It is understood that the aim is to keep employees and employers connected, and make it easier to restart businesses when the crisis ends.

Govt to pay €350 dole and 70% of wages to those still in jobs was last modified: March 25th, 2020 by Staff Writer
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