August is a ‘special’ month for JobKeeper payments as it is the only month with 3 JobKeeper fortnights. This means: 

  1. If you pay your staff monthly, the minimum gross wage payable to eligible staff would normally be $3,000 per month (covering 2 fortnights), but for August you will need to pay $4,500 (to cover 3 fortnights).
  2. If you realised that August had 3 fortnights in it at the start of the Jobkeeper process and have been paying your eligible staff a minimum of $3,250 each month, you do not need to change anything for August.
  3. If you pay your staff bi–monthly, the first payment in August will cover 2 fortnights and will be double the regular amount paid. This means that the minimum payment to eligible employees will be $3,000 for the first payment in August, and $1,500 for the second payment. This will result in the minimum total wages paid to each eligible employee in August being $4,500 to match the monthly payers. 

Remember to review your payroll calculations for August to ensure that you remain compliant with the minimum JobKeeper amounts payable to eligible staff. 

Have a question?

As always, if there is anything we can help with, please do not hesitate to reach out at concierge@businessdepot.com.au and ask us about our business services and what we can do for you. 

More information

For earlier JobKeeper updates, click here.