Temporary Wage Subsidy Scheme to be replaced

The Government has announced the replacement of the Temporary Wage Subsidy Scheme with a new scheme.

The new Employment Wage Support Scheme will run until April 21.

Employers whose turnover has fallen by 30% will receive a flat-rate subsidy of up to €203 per employee per week, including for seasonal staff and new employees.

The scheme is expected to support around 350,000 jobs into 2021.

Currently, an estimated 415,000 employees are currently being supported by the scheme having received a subsidy in their most recent pay period.