Koroll & Company Blog

Update: Employment Insurance Premiums for 2016

Written by Allen Koroll | Jan 13, 2016 3:58:00 PM

The Employment Insurance premium rate for 2016 is 1.88%.

Yearly maximum insurable earnings are set at $50,800, making the maximum employee premium $955.04.

As in previous years, employer premiums are 1.4 times the employee contribution. The maximum employer premium for 2016 is therefore $1337.06.