Under the COVID-19 wage subsidy scheme, companies are subsidised $350.00 per employee per week for part-time employees (who worked fewer than 20 hours per week before COVID-19), or the employee's normal salary, whichever is the lesser.
Note: You must still undertake best endeavours to pay employees 80% of their pre-COVID salary. See I want to pay my employee 80% of their usual pay. How do I set that up in iPayroll?.
In order to pay employees the government subsidy, you need to create a new pay element for the value of the subsidy.
Note: To easily follow any instructions in our Help Guide using this pay element, we recommend you make the Payment Code 'COVID-19 PT' as in the example below.
- In iPayroll, select Setup > Pay Elements.
The Payments page displays.
- Select the +Add button.
The Payment Details page displays.
- In the Basic Details section, complete as per the screenshot below:
- In the Payment Type section, complete as per the screenshot below:
- Select Save.
The Pay Element is added to the Active Special Payments table.
To find out how to apply this pay element to a timesheet, so your employee receives the government subsidy, see How do we set up the government subsidy in iPayroll for a part-time employee?.