Employer COVID-19 Refund Scheme
The Department of Employment Affairs and Social Protection are encouraging employers to retain employees where possible, and as a result of these measures the Department is setting up a refund scheme for employers to pay staff which will pay them the €350 per week for each worker who would otherwise have been laid off in a situation where a business has to cease trading due to HSE advice on ‘social distancing’.
This means that workers retain their link with employers and there is no need for them personally to submit a jobseeker’s claim.
Refunds will take some time to process but in the meantime the Banks will provide working capital finance in the form of overdrafts or short term loans to cover costs.
This is a fast evolving situation so please contact us during your planning and decision making process to ensure you are working from the most up to date information and options.