The Cabinet has also approved an emergency wage subsidy scheme under which the Government will pay 70% of a worker's 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 is targeted at companies hit by the collapse of economic activity triggered by Covid-19 - and employers seeking to avail of it would have to demonstrate a reduction in income of at least 25%, along with cash flow difficulties. In addition, it was feared that the entitlement of workers on lay-off to demand redundancy payments after four weeks without work in certain circumstance could trigger a tsunami of redundancy claims, payment of which could have driven some businesses to collapse.
Does it cover all workers? Stamp 4, critical skills or working holiday visas? A lot of those people here permanently or now trapped because of travel restrictions.
Helicopter money may yet be needed
Is there any chance that RTE could stop using the lazy US expression lockdown, a expression used primarily in US prisons and later to confine people to their home in the US! We have not yet gone full Orwellian! Quarantine is much more discriptive in present circumstances.
And who foots this bill the mugs going to work every day and are still asked to work now with the lockdown.... 203 is plenty per person why are they constantly going back to the taxpayer to foot these bills -children’s hospital etc and are getting very tired of it
It should have been kept the same as what all unemployed people have to live on
'Government will pay 70% of a worker's salary up to a cap of €410 per week net - equivalent to the after tax income of a worker on around €40,000'. Are these figures correct?
Great news
Thats great. Now do the country a favour and lock it down
GreatcNEWS
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