Joined: 04 Oct 2006
Posts: 7702 votes: 21
Location: The World
Posted: Fri Feb 10, 2017 5:32 pm Post subject:
Toronto Centre wrote:
Ive looked for two days and nothing I find says the govt gets to pay X and the private sector says they can pay X-1.
The same rate of pregnancy leave
The same rate for minimum wage (really , who would think it different..LOL!)
The same basic rate for optional/mandatory health benefits.
Not sure if that was directed at my original post and I apologize if it was not.
The baseline for minimum wage and the EI portion of maternity leave are the same because they are both mandated by the same federal law, my point was secondary employee benefits outside of base wages in the broader sense and maternity leave specifically.
The way that Maternity Leave works in general under the Employment Act is that you are entitled to your 17 + 32 weeks (Maternity and Parental Leaves respectively);
During this time you are paid via EI to a maximum of $543 per week (Which reflect roughly 55% of the maximum insurable income which is 51,000-ish)
Where the Private Sector (Using TD as an example) and the Public Sector (Ministry of Environment as an example) vary is in the top up portion provided by the employers secondary benefits.
Lets assume (to make the math easy) you earn $1000 a week;
You receive your $543 from EI, and TD via their employee benefits program will top you up the missing $457 a week to get you back to that $1000 for eight weeks; (My understanding is some are 12 weeks now)
Effectively a benefit of $3656.00 over the course of your maternity leave;
Whereas the Private Sector (Ministry of Environment as an example)
If you earn your $1000 a week, and EI provides the same $543 a week their benefits program will top you up the 457 a week for the entire term (17 + 32 Weeks)
Effectively a benefit $22,393 over the course of your maternity leave;
Keeping in mind that your salary (EI portion included) is taxable both Federally and Provincially so the amount the employee pockets is reduced significantly.
Either way as it pertains to that singular issue the benefits negotiated into the contract with employees at the Ministry are significantly stronger than is offered in the private sector at least amongst the bigger employers.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum You cannot attach files in this forum You cannot download files in this forum