Temporary Employer and Employee Relief Scheme
As South Africa, along with the rest of the world, mobilises resources to battle the Coronavirus (COVID-19) pandemic, there is a realisation within the labour market that it is most definitely not ‘business as usual’.
During times of emergency and threat, people look to leaders for guidance and evidence of clear thinking and deliberate, focused action.
And so we see the introduction of measures by the Department of Employment and Labour to try to contain this global healthcare crisis under the Temporary Employer and Employee Relief Scheme (TERS).
Under the scheme, the Unemployment Insurance Fund (UIF) will compensate affected workers through the existing illness and Reduced Work Time benefits.
There is substance to this scheme and employers must take note
This is applicable to all employers who are registered with UIF and make monthly contributions as required by the Contributions Act of 2002.
There is substance to this scheme and employers must take note that in terms of the TERS process, the UIF may fund companies affected by COVID-19 directly in relation to the TERS allowance.
Additionally, the affected company will only be funded if it has complied with the relevant UIF legislation.
Should a company not be compliant, the said company must undertake to pay outstanding contributions and bring its declarations up to date within a stipulated timeframe.
We are here to help
The following applications will be considered: wage subsidy rulings, over and above wage subsidy and training intervention, and turnaround solution intervention.
Employee declaration form
Employer declaration form