2026 Employment Insurance Guide
How is Employment Insurance Calculated?
Employment insurance consists of unemployment insurance and employment stabilization & skill development fund. Employees pay only 50% of unemployment (0.9% of salary), while employers pay 50% of unemployment plus the full stabilization fund.
Benefits of Employment Insurance
- Jobseeker Allowance: If you lose your job involuntarily, you can receive benefits while searching for new employment.
- Parental Leave Pay: Benefits available when taking leave to care for children under 8.
- Vocational Training: Government-subsidized skill enhancement programs.