2022 Taxable Wage Base ( UI and WF/SWF - workers and employers, TDI – employers ): $39,800.2022 Alternative earnings test amount for UI and TDI : $12,000.2022 Maximum Temporary Disability Insurance weekly benefit rate: $993.2022 Maximum Unemployment Insurance weekly benefits rate: $804.2022 Maximum Workers' Compensation weekly benefit rate: $1,065.Workforce Development/Supplemental Workforce Fundsįor calendar year 2022, the maximum unemployment insurance, temporary disability insurance and workers' compensation benefit rates, the alternative earnings and base week amounts, and the taxable wage base are listed below. These earnings may be used in base week calculations if (1) the payments can be directly attributable to earnings of a specific calendar week, or specific calendar weeks, and (2) such additional earnings would only then increase the existing earnings for affected calendar week(s) above the minimum amount required to constitute a base week. These payments are reported on Form WR-30, and the entry for number of base weeks is zero.Ĭommissions or bonuses are reported as part of wages for the quarter when they are actually paid. Severance payments made under contractual obligations, custom or company policy do not extend the employment relationship and are not counted as a base week. In such an instance, the actual base week would occur in the week or weeks following the last day that was worked. Termination or separation payments made to an employee in lieu of notice continue the employment relationship and should be reported as a base week. Earnings and, therefore, base weeks are credited when the leave is actually taken, which may or may not occur within the same quarter as the payment. Payments made to employees for vacation, sick, or other paid leave during the quarter are to be reported as part of wages paid during that quarter. If a week falls within two calendar quarters, report it in the quarter in which four or more days fall. Total Taxable Wages are all taxable wages reported to the New Jersey Department of Labor by all employers as of March 31st of the current calendar year with respect to their employment during the preceding calendar year.Ĭlick here for a more detailed explanation of these calculations.Ī base week is any calendar week (Sunday through Saturday) in the reporting quarter during which the employee earned in employment remuneration equal to or more than 20 times the state hourly minimum wage of the prior year ($220 in 2021 and $240 in 2022).Balance of Unemployment Trust Fund is the balance in the Fund as of March 31st of the current year.The Unemployment Trust Fund reserve ratio is calculated as follows:īalance of Unemployment Trust Fund ÷ total taxable wages = Unemployment Trust Fund reserve ratio ( NOTE: Your 'payroll' includes only those taxable wages upon which you have actually paid employer contributions as of January 31st of the current year.) Average Annual Payroll is your average payroll for the last three or five years, whichever is greater.Contributions Paid are all your employer unemployment insurance payments for all past years through January 31st of the current year.Benefits Charged are your share of total unemployment benefits paid to your present or former employees for all past years through December 31 of the preceding calendar year.Reserve Balance is determined by subtracting Benefits Charged from Employer Contributions Paid.Reserve balance ÷ average annual payroll = employer reserve ratio Information for Working Parents and CaregiversĬontribution rates for the current fiscal year are based on an employer's reserve ratio and the Unemployment Trust Fund reserve ratio.Įmployer reserve ratios are calcuated as follows:.Federal and State Extended Unemployment Benefits.

Prosync labor rate