Wage subsidy

A wage subsidy is like a special type of money. It is given by a government or other organization to people or companies to help reduce their costs of paying wages to their employees. For example, if a company cannot afford to pay all of its workers' wages, the government can give them a wage subsidy. This can help the company to keep its workers and not have to let them go. The money is given to the company, but the employees will still get the same amount of money in their paycheck.