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We basically figure out the yearly employee's share of the health insurance, divide it by 35 and take that amount out of the person's pay for 35 weeks, which is approximately the number of weeks worked.
...and a question for Matt. It sounds as if you pay for family health insurance and only ask for the employee's to kick in about $500/year (plus a portion when laid off). Around here a family plan would cost around $10K per year. That would be a budget buster for me. I'd have to drastically cut my pay rates to fit that in. Or is health insurance that much cheaper in PA.?
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