News · Payroll & Finance
Subscription fee holiday for affected businesses
March 25, 2020
FlexiTime is providing a payroll subscription fee holiday for businesses affected by the COVID-19 pandemic.
Last week the government announced a $12.1 billion support package, including a Wage Subsidy, to help Kiwi businesses and employees affected by COVID-19. This week as New Zealand moves towards Alert Level 4 and the closure of all non-essential businesses, the Minister of Finance has advised that this support package will be extended.
The Wage Subsidy is designed to support employers who have experienced a minimum 30% decline in actual or predicted revenue to keep employees on the payroll during this difficult period.
For customers receiving the Wage Subsidy, FlexiTime is offering our support by providing a subscription fee holiday during the 4 week lockdown period.
This offer applies to customers of both PayHero and FlexiTime Payroll. Initially the fee holiday is for one month, but it may be extended depending on how long it takes us to defeat COVID-19.
In the past couple of weeks we’ve put measures in place to ensure that FlexiTime can continue to support our customers, no matter what happens from here. Our entire team is working remotely and we’ve got the systems and processes up and running to provide the software and support you rely on.
The next logical step for us was to put our heads together to determine what we can do to help our customers who are feeling the pressure. It’s still early days as far as the COVID-19 pandemic is concerned in New Zealand, but we know that many of our customers are hurting already, or are preparing for tough times ahead.
It’s clear that all companies claiming the Wage Subsidy will be under immense pressure, and by waiving payroll subscription fees for a month we hope to make things just that little bit easier as businesses do their best to keep their staff in work and get through this difficult period.
If your business is receiving the Wage Subsidy, please apply for your subscription fee holiday here and we’ll set your subscription to be free for one month.
Finally, from our families to yours, look after yourselves and your staff, and most importantly, stay safe and healthy.