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Reporting Daily Pay Rates
Instructions The new maximum daily
pay rate is $200.00. Report the actual rate of pay for employees whose daily
rate of pay is $200.00 or less. Report $200.00 for employees whose daily rate of
pay exceeds $200.00. Employers are required to report daily pay rates for all
employees.
Background The RRB uses
pay-rate information to determine an employee’s daily benefit rate for
unemployment and sickness benefits. It is projected that effective with benefit
year 2007, and possibly 2006, the daily rate of pay needed to qualify an
employee for the maximum daily benefit rate will exceed $99.99. Thus, we have
expanded the daily pay rate field on the BA-3 annual report to accept amounts
greater than $99.99. The daily pay rate is now 5 positions in format $$$¢¢.
Benefit to Employers Every year,
the daily pay rate needed to qualify for the maximum benefit rate increases. In
an effort to reduce the burden of making annual changes but also to retain some
privacy for pay rate information above the needed annual amount, the RRB sets a
maximum above which pay rates need not be reported. The new maximum daily pay
rate of $200.00 will not need to be changed for many years. |