What will It cost?
. . . somewhere between $4.8 million or $14.3 million annually.
How did DLS calculate that?
1. The average salary of a State employee in FY 2017 was $55,180.
Approximately 1,500 newborns are added to State employees' health plans each year.
Thus providing 60 days of paid parental leave
could increase State expenditures by approximately $12,700 per leave-taking employee. That totals
$14.3 million in FY 2019 and
$19.1 million on an annualized basis.
2. DLS then noted that not all departments would temporarily replace the person on leave. Some departments could absorb the additiona work. Some departments would suffer some degree of lost productivity. Other agencies might use overtime to replace the lost workers.
But agencies that operate 24/7 would have to replace the hours. Twenty-five percent of State employees work in agencies that require 24/7 operations, so DLS took 25% of the maximum cost, arriving at an estimate of
$3.6 million in FY 2019 and
$4.8 million annually thereafter.
Either way, that's a lot of taxpayer money.