As the COVID-19 pandemic continues to impact the global economy, the Australian government has initiated a JobKeeper payment scheme to support businesses and their employees during these challenging times. As part of the scheme, businesses are required to make an employee agreement with their staff to be eligible for the payment.
So, what exactly is a JobKeeper employee agreement? In simple terms, it is a written agreement between an employer and employee that outlines the terms and conditions of the JobKeeper payment.
To be eligible for the payment, the employer needs to ensure that their staff meets specific eligibility criteria, including being a permanent or long-term casual employee as of 1 March 2020. If they meet the criteria, the employee must complete a nomination notice and submit it to their employer.
Once the employee is nominated, the employer must enter into a written agreement with them, stating that the employee will receive the JobKeeper payment, which is currently set at $1500 per fortnight, before tax. This agreement must be signed by both parties and kept on file by the employer as evidence of their eligibility for the payment.
It is worth noting that the JobKeeper payment is a temporary measure, intended to help businesses and their employees during the pandemic. The scheme is set to expire on 28 March 2021, and the government is yet to announce if it will be extended.
In summary, a JobKeeper employee agreement is a crucial document that employers must enter into with their eligible staff to receive the government`s JobKeeper payment. It outlines the terms and conditions of the payment, and both parties must sign the agreement to confirm their acceptance. As a business owner, it is essential to familiarize yourself with the eligibility criteria and the terms of the agreement to ensure compliance with government regulations.