G8 Education Limited (ASX: GEM) provides updates related to Federal Government’s wage subsidy package under which the eligible businesses will receive wage subsidies of $1,500 per eligible employee per fortnight. Employees employed as on March 1st, 2020 and still continues the service will be paid for upto six months.
The Company confirmed that it would continue to work closely with the government on further support actions for the sector as well as Australian families who depend on their services.
Keeping in mind the health and safety of families, the children and its team members, the company would follow the full advice & path of the Federal & State health and education departments. It will consistently be in contact with those departments to confirm it has the latest advice & is taking all required precautions.
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