skip to main content

Temporary Wage Subsidy Scheme has cost €2.6bn to date

Over 655,700 workers have received at least one subsidy payment since the TWSS was launched
Over 655,700 workers have received at least one subsidy payment since the TWSS was launched

The Temporary Wage Subsidy Scheme has cost the Exchequer over €2.61 billion to date, and is now supporting the pay of an estimated 370,000 employees, according to the latest weekly figures from the Revenue Commissioners. 

Over 655,700 workers have received at least one subsidy payment since the TWSS was launched on March 26, with 244,400 receiving a payment within the last week. 

However the number of recipients can vary from week to week, depending on whether the employee is paid weekly, fortnightly or monthly. 

In total, 69,500 employers have registered for the TWSS, and of those, over 66,000 have already received at least one subsidy payment. 

However, 4,500 employers who employ over 73,000 workers have yet to claim the subsidy. 

Around 18,200 employers who were previously availing of the Temporary Wage Subsidy Scheme have quit the scheme, and the Revenue says they account for 147,600 of an estimated total of 282,800 employee outflows. 

21,900 people who were in subsidised employment have been laid off and are now claiming the PUP. 

However, as the economy reopens, 127,200 workers have moved from the Covid-19 Pandemic Employment Payment (PUP) back to working in  TWSS-subsidised employment. 

A further 161,500 have moved from claiming the PUP to non-TWSS-subsidised jobs

Meanwhile, 260,900 have left TWSS-subsidised employment without claiming the PUP. 

206,900 are working with the same employer, 21,200 have taken up jobs with a new employer, 1,800 are on Jobseekers Benefit, a further 1,200 are claiming Illness Benefit.  

The remaining 29,800 have not yet appeared on payroll on non-PUP schemes - or may now be inactive in the labour market. 

47% of employees who qualify for the TWSS have been receiving the subsidy since before May.