| Employee SBC Band |
2023 |
2024 |
2025 |
2026 |
2027 |
2028 |
2029 |
2030 |
| 1 Minimum Wage |
3.150% |
3.150% |
3.150% |
3.150% |
3.150% |
3.150% |
3.150% |
3.150% |
| 1.01 MW – 1.50 UMA |
3.281% |
3.413% |
3.544% |
3.676% |
3.807% |
3.939% |
4.070% |
4.202% |
| 1.51 – 2.00 UMA |
3.575% |
4.000% |
4.426% |
4.851% |
5.277% |
5.701% |
6.126% |
6.552% |
| 2.01 – 2.50 UMA |
3.751% |
4.353% |
4.954% |
5.556% |
6.157% |
6.759% |
7.360% |
7.962% |
| 2.51 – 3.00 UMA |
3.869% |
4.588% |
5.307% |
6.026% |
6.745% |
7.464% |
8.183% |
8.902% |
| 3.01 – 3.50 UMA |
3.953% |
4.756% |
5.559% |
6.361% |
7.164% |
7.967% |
8.770% |
9.573% |
| 3.51 – 4.00 UMA |
4.016% |
4.882% |
5.747% |
6.613% |
7.479% |
8.345% |
9.210% |
10.077% |
| 4.01 UMA and above |
4.241% |
5.331% |
6.422% |
7.513% |
8.603% |
9.694% |
10.784% |
11.875% |
