The proposal calls for a $25,000 pay raise for essential workers who earn less than $200,000 per year, and it calls for a $5,000 pay raise for those who earn more than $200,000 per year. The Heroes Fund proposal indicates that eligible employers will distribute the funds to defined essential workers.How much should premium pay be for essential front-line workers?
The fund would cap the total maximum premium pay at $25,000 for each essential front-line worker earning less than $200,000 per year and $5,000 for those earning $200,000 or more, according to the plan. Employers applying for funds would add line-item premium pay to employees' or independent contractors' paychecks, the proposal states.Are essential workers eligible for hazard pay?
From doctors to delivery drivers to grocery and gig workers, the pandemic’s new class of essential workers have begun voicing their desire for hazard pay.How much premium pay would essential workers receive under the Heroes fund?
If the Heroes Fund passes as outlined today, essential workers would receive between $5,000 and $25,000 of premium pay. These monies would be provided above and beyond their regular wages or salary income.