The Effect on Employers

Employee
Salary

Employee Pays
(4% of Salary)

Government Pays
Employee

Employer Pays   Employer
Credit

Net Cost
to Employer

 $20,000 $800/yr  $800 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%

$200
$400
$600
$800

($200)
($400)
($600)
($800)

$0
$0
$0
$0

$30,000 $1,200/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$300
$600
$900
$1,200
($300)
($600)
($900)
($1,040)

$0
$0
$0
$160

$40,000 $1,600/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$400
$800
$1,200
$1,600
($400)
($800)
($1,040)
($1,040)

$0
$0
$160
$560

$50,000 $2,000/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$500
$1,000
$1,500
$2,000
($500)
($1,000)
($1,040)
($1,040)

$0
$0
$460
$960

$60,000 $2,400/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$600
$1,200
$1,800
$2,400
($600)
($1,040)
($1,040)
($1,040)

$0
$160
$760
$1,360

$70,000 $2,800/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$700
$1,400
$2,100
$2,800
($700)
($1,040)
($1,040)
($1,040)

$0
$360
$1,060
$1,760

$80,000 $3,200/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$800
$1,600
$2,400
$3,200
($800)
($1,040)
($1,040)
($1,040)

$0
$360
$1,360
$2,160

$90,000 $3,600/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$900
$1,800
$2,700
$3,600
($900)
($1,040)
($1,040)
($1,040)

$0
$760
$1,660
$2,560

$100,000 $4,000/yr $1,040 2008/09
2009/10
2010/11
2011/12
1%
2%
3%
4%
$1,000
$2,000
$3,000
$4,000
($1,000)
($1,040)
($1,040)
($1,040)

$0
$960
$1,960
$2,960

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