The maximum employee contribution rate will remain at 0.511%, effective Jan. 1, 2022
Additionally, in 2022, employees taking Paid Family Leave will receive up to a cap of 67% of the Statewide Average Weekly Wage (SAWW) of $1,450.17 in 2021). Employees earning less than the SAWW will contribute less than the annual cap of $423.71, consistent with their actual wages.
For 2022, the weekly taxable wage base for the family-leave insurance tax is to be the lesser of the employee's gross wages for the week or $1,450.17. The maximum total contribution for 2022 is to be $423.71 for each employee, ($385.34 in 2021).
The NYS Paid Family Leave Department has also released an on-line paid leave calculator to help with the computations.
Reminder: employers should include information about NY Paid Family Leave in their employee handbooks, and must also display a poster regarding family leave coverage in all places of business.
DISCLAIMER: The information provided herein does not constitute the provision of legal advice, tax advice, accounting services or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional legal, tax, accounting, or other professional advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation and for your particular state(s) of operation.
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