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NJ Senate bill puts paid family leave on the horizon

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in FMLA Guidelines,Human Resources,Small Business Tax,Small Business Tax Deduction Strategies

The Senate Budget Committee approved a bill May 24 that would grant paid family leave to the employees of most New Jersey businesses.

The bill would require businesses with more than 50 employees to provide up to 10 weeks’ paid family leave for a new baby, a difficult pregnancy, or an ill spouse or parent.

New Jersey workers would finance the plan through payroll deductions of about 92 cents per week. The plan would pay benefits at the rate of two-thirds of an employee’s salary, up to $488 per week.

If it passes the full senate and assembly, the bill will make New Jersey only the third state — after California and Washington — to require companies to offer paid family leave. Payroll deductions would begin in January 2009, with leave available in July of that year.

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