1.45% - Medicare Rate
Up to 4.1% - State Taxes
Minimum wage $11.50 per hour.
Employer:has to contribute 7% of the employee's wages.
Employee:has to contribute 5% of his/her wages.
Employer: Medicare - 1.45%
Employee: Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
Employer: 6.0% and maximum taxable earnings are $7,000
Employee: Voluntary contributions permitted.
There are 11 official public holidays. Private employers are not obligated to provide vacation and or extra pay for these days.
An employee can be terminated at any time as they are considered “at will employees”. No specific termination policies.
There is no official notice period, but general practice is 2 weeks.
There is no official state or federal law regarding severance payments. It depends on the company’s policies.
The state sales tax is 5.75%.