The phrase identifies a instrument particularly designed to estimate New York Paid Household Depart (PFL) advantages for the yr 2024. This calculation usually includes components equivalent to an worker’s common weekly wage and the PFL profit share relevant for that yr, alongside any most weekly profit caps.
Such instruments are essential for each workers and employers in New York. They supply workers with an understanding of the monetary help out there to them in periods of household go away, equivalent to bonding with a brand new baby, caring for a significantly ailing member of the family, or aiding when a member of the family is deployed overseas on energetic navy service. For employers, these estimators support in planning and compliance with state rules concerning mandated go away advantages.