Changes to EI rates and maximums 2014

The employment insurance (EI) rate remains unchanged at 1.88% in 2014. The maximum insurable earnings increase $1,200 to $48,600. The employees earning $48,600 or more will have to contribute $22.56 more compared to 2013. The employers will have to spend $31.58 more on EI premium for each employees with salary of $48,600 or higher. The EI rate in Quebec creased to 1.53% in 2014 from 1.52% in 2013.