These workers are forced to pay both the employer and employee shares of payroll taxes.
The employee share of contributions was capped at 14.1% following an increase at the last review.
Employers could pay part or all of the employee share.
Presumably Cleggie cant mandate shareholders to give away their business, so the employee share will come out of wages and basic pay?
UAL, which is the nation's largest employee-owned company, reports results as if all employee shares have been distributed.
(*) The maximum employee share in 2011 is reduced to $4,485.60, but the maximum employer share remains at $6,621.60.
(**) Since 1990, the employer & employee share has usually been 6.2% each for a 50/50 split of the 12.4% combined total.
Financial profit sharing, financial democracy or employee shares.
Under the proposal, states could use Medicaid money "to pay for part of the employee share of premiums" under employer-sponsored health plans.
It is not possible to trade, financially benefit or profit from employee shares in any way whatsoever.