Tuesday, December 11, 2007

Assembly Speaker Roberts: No paid family leave

Finally, someone is listening. But he left himself some wiggle room. It's not dead yet.

Seth Grossman's column in today's Asbury Park Press is the best argument against Paid Family Leave that I've read yet:

"Corzine says employees will pay the entire cost of the program through a payroll deduction of one-tenth of 1 percent of wages. Let's check his math.

An employee earning $600 per week would pay 60 cents a week, or $31.20 per year. If he takes 10 weeks of paid family leave that year, he collects $4,000, or roughly 128 times what he put in.

That means Corzine's plan only works if fewer than one in 128 employees takes paid family leave a year. That is unlikely."

1 comment:

Anonymous said...

THIS MEDICAL LEAVE ACT IS LIKE ANY OTHER INSURANCE. WHEN YOU PAY FOR INSURANCE ON A HOME,YOUR PAYING FOR THE POSSIBILITY THAT WHEN SOMETHING OCCURS,THAT YOU ARE COVERED FOR THE AMOUNT THAT YOUR HOME OR PROPERTY IS WORTH. A FAMILY MEDICAL LEAVE ACT TRULY HAS NO PRICE ON THE FACT THAT WHEN A TRAGEDY OCCURS IN YOUR FAMILY YOU DO NOT HAVE TO WORRY ABOUT HAVING TO PAY FOR YOUR BILLS OR JUST SIMPLY PROVIDE FOR YOUR FAMILY.