Originally Posted by
jmsnz
Why are you angry? The government spent a lot of time explaining to employers that the subsidy must be passed on to their employees and could not be used to support all of the other costs that businesses who were unable to trade still incurred such rent, insurances, leases, payroll, holiday pay, Kiwisaver contributions etc. The media keep telling you that companies like WHS 'took' the subsidy as if they put it in their pocket but that is just wrong. Had WHS not taken the subsidy and passed it on, the staff would have been out of a job and much worse off in fact as my understanding is that the unemployment benefit is significantly lower the the nett amount of the subsidy. Not to mention that by remaining employed WHS had to meet holiday entitlement and Kiwisaver contribution costs for the period the Government contributed to the wage costs.