1.45% - Medicare Rate
Up to 5.12% - State
Minimum wage $9.80 per hour.
As of 2011, after the Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010, the Social Security tax rate is 4.2 percent of an employee's wages.
Employer: has to contribute 12.56% of the employee's wages.
Employee: has to contribute 12.56% of his/her wages.
Employer: Medicare - 1.45%
Employee: Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
There are 13 public holidays. However, employers do not have to pay employees extra for working during these days.
An employee can be terminated at any time as they are considered “at will employees”. No specific termination policies.
There is no state sales tax in Alaska.