I'm so confused about this and I'm seeing so much different information all over the place.
Employer applies for subsidy > Gets Subisdy > Pays Employees 80% of their normal wage.
Or does the Employer pay the Employee $580/$350? (Depending on their normal work hours)
Or is it a mix of both? Can an Employee pay someone 100% of their wage or only 80%?
Can anyone ELI5 please? Thanks!
Along with other requirements to receive the subsidy, you agree to pay your employee AT MINIMUM, 80% of their normal pay.
If the $580 / $350 is less than 80%, you top it up from 'your own pocket'
Nothing stopping you paying 100% of the employees wage if you want / can