How To Calculate Your Wage Shortfall

​

Follow the below equation...

 

1. How many full-time staff do you have (working more than 20 hours per week) x the NZ Government announced rate of $585.80

2. How many part-time staff do you have (working less than 20 hours per week) x the NZ Government announced rate of $350.00

3. What is the total of a. + b.

4. What is your weekly wage bill x 80%

5. What is the difference between c. and d., this is your weekly wage shortfall

​

Download THIS Excel Template to help you work out your wage shortfall.

​

Ensure you have read the latest conditions for receiving the Wage Subsidy HERE.

​

​

​

​

​