Quote:
Originally Posted by nightfighter
Yup. Another porking for the sole proprietor or small contractor with a few employees or sub contractors.
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I went and read through the website and I came away with a different take on it.
Contribution Split
Employers with 25 or more employees will be required to remit a contribution to the DFML of 0.75% of eligible payroll. This contribution can be split between employee payroll deductions and an employer contribution and will support both types of leave.
Family Leave
Up to 100% of the family leave contribution can be deducted from employee wages.
Medical Leave
Up to 40% of the medical leave contribution can be deducted from employee wages. Employers are responsible for contributing the remaining 60%.
Employers with fewer than 25 employees must remit contributions to the DFML but are not responsible for remitting the employer’s share.
Fewer than 25 employees and you need to submit the 40% that can be deducted from employee wages, but not the 60% employer portion. So if you have an employee that makes 50k, 0.75% is $375 per year. You will need to submit $150 annually for that employee (40% of $375) and it can be deducted straight from their pay check.
So it should cost you nothing. Your employee (assuming bi-weekly pay) should have ~$6.75 deducted per check and be eligible for up to 20 weeks paid medical leave and 12 weeks fml covered by the fund.
Not sure if/how they are making those without employees cover themselves. If you don't take a straight salary, it would be hard to calculate.