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As of today, employers need to pay their eligible employees a different rate of JobKeeper.

The JobKeeper 2.0 wage subsidy provides a two-tiered system, meaning that the rate is dependent on the number of hours worked.

The tier 1 rate of $1,200 per fortnight will now replace the $1,500 flat payment and will apply to employees who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020, or eligible participants who were actively engaged in the business for 80 hours or more in February.

The tier 2 rate of $750 per fortnight will apply to all other eligible employees and business participants.

Additionally, while those employers already receiving the payment don’t need to re-enrol, they must demonstrate a decline in turnover and notify the ATO which tier they will claim for their employees.

Need advice about JobKeeper?

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Call the HR Advice Hotline provided by Better HR.

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Call 1300 659 563 to discover how Better HR can help you and your business.