Washington’s family-leave insurance premium rate will decrease to 0.74% from 0.8% for 2024, according to an Oct. 25 press release from the state Employment Security Department.
Employers with at least 50 employees will have to pay 28.57% of the premium rate, and employees will have to pay the remaining 71.43%, according to the release. By contrast, covered employers pay 27.24% of the premium in 2022, and employees pay the remaining 72.76%.
Employers with fewer than 50 employees need not pay the employer portion of the premium but must still withhold and remit the employee portion, according to the release.
Washington’s ...
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